Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 3. OIL AND GAS |
Subtitle A. ADMINISTRATION |
Chapter 81. RAILROAD COMMISSION OF TEXAS |
Subchapter C. JURISDICTION, POWERS, AND DUTIES |
Sec. 81.061. AUTHORITY TO ESTABLISH MARKET-BASED RATES
Latest version.
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(a) This section does not apply to rates established under Chapter 103, Utilities Code, or Subchapter C or G, Chapter 104, of that code.
(b) The commission may use a cost-of-service method or a market-based rate method in setting a rate in a formal rate proceeding.
(c) On the filing of a complaint by a shipper or seller of natural gas, the commission may set a transportation or gathering rate in a formal rate proceeding if the commission determines that the rate is necessary to remedy unreasonable discrimination in the provision of transportation or gathering services. The commission may set a rate regardless of whether the transporter or gatherer is classified as a utility by other law.
Added by Acts 2007, 80th Leg., R.S., Ch. 757 , Sec. 1, eff. September 1, 2007.