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Texas Statutes (Last Updated: January 4, 2014) |
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WATER CODE |
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Title 2. WATER ADMINISTRATION |
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Subtitle A. EXECUTIVE AGENCIES |
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Chapter 5. TEXAS COMMISSION ON ENVIRONMENTAL QUALITY |
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Subchapter L. EMERGENCY AND TEMPORARY ORDERS |
Sec. 5.508. EMERGENCY ORDER FOR RATE INCREASE IN CERTAIN SITUATIONS
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(a) Notwithstanding the requirements of Section 13.187, the commission may authorize an emergency rate increase for a utility for which a person has been appointed under Section 5.507 or 13.412 or for which a receiver has been appointed under Section 13.4132 if the increase is necessary to ensure the provision of continuous and adequate services to the utility's customers.
(b) A utility that receives an emergency rate increase under this section shall provide to each ratepayer notice of the increase as soon as possible, but not later than the first utility bill issued at the new rate.
(c) Notwithstanding Section 5.505, an order may be issued under this section for a term not to exceed 15 months. The commission shall schedule a hearing to establish a final rate within 15 months after the date on which an emergency rate increase takes effect. The additional revenues collected under an emergency rate increase are subject to refund if the commission finds that the rate increase was larger than necessary to ensure continuous and adequate service.