Sec. 53.052. ESTABLISHING REASONABLE RETURN    


Latest version.
  • In establishing a reasonable return on invested capital, the commission shall consider applicable factors, including:

    (1) the quality of the utility's services;

    (2) the efficiency of the utility's operations; and

    (3) the quality of the utility's management.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.