Texas Statutes (Last Updated: January 4, 2014) |
UTILITIES CODE |
Title 3. GAS REGULATION |
Subtitle A. GAS UTILITY REGULATORY ACT |
Chapter 104. RATES AND SERVICES |
Subchapter B. COMPUTATION OF RATES |
Sec. 104.052. ESTABLISHING FAIR RATE OF RETURN
Latest version.
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The regulatory authority may not establish a rate that yields more than a fair return on the adjusted value of the invested capital used and useful in providing service to the public.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.