Texas Utilities Code - Section 11.002. Purpose And Findings
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§ 11.002. PURPOSE AND FINDINGS. (a) This title is
enacted to protect the public interest inherent in the rates and
services of public utilities. The purpose of this title is to
establish a comprehensive and adequate regulatory system for public
utilities to assure rates, operations, and services that are just
and reasonable to the consumers and to the utilities.
(b) Public utilities traditionally are by definition
monopolies in the areas they serve. As a result, the normal forces
of competition that regulate prices in a free enterprise society do
not operate. Public agencies regulate utility rates, operations,
and services as a substitute for competition.
(c) Significant changes have occurred in the
telecommunications and electric power industries since the Public
Utility Regulatory Act was originally adopted. Changes in
technology and market structure have increased the need for minimum
standards of service quality, customer service, and fair business
practices to ensure high-quality service to customers and a healthy
marketplace where competition is permitted by law. It is the
purpose of this title to grant the Public Utility Commission of
Texas authority to make and enforce rules necessary to protect
customers of telecommunications and electric services consistent
with the public interest.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept 1, 1997. Amended by
Acts 1999, 76th Leg., ch. 1579, § 1, eff. Aug. 30, 1999.
Section: 1.001 1.002 1.003 11.001 11.002 11.003 11.004 11.0042 11.005 11.006 11.007 11.008 11.009 12.001 12.002
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Last modified: August 10, 2007
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