Texas Statutes (Last Updated: January 4, 2014) |
UTILITIES CODE |
Title 2. PUBLIC UTILITY REGULATORY ACT |
Subtitle C. TELECOMMUNICATIONS UTILITIES |
Chapter 53. RATES |
Subchapter B. COMPUTATION OF RATES |
Sec. 53.052. ESTABLISHING REASONABLE RETURN
Latest version.
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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.