Sec. 33.021. RATE DETERMINATION. (a) A municipality regulating an electric utility under this subtitle shall require the utility to submit information as necessary to make a reasonable determination of rate base, expenses, investment, and rate of return in the municipality.
(b) A municipality shall make a determination under Subsection (a) using the procedures and requirements prescribed by this title.
(c) A municipality shall retain personnel necessary to make the determination of reasonable rates.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 33.002 33.003 33.004 33.005 33.006 33.007 33.008 33.021 33.022 33.023 33.024 33.025 33.026 33.051 33.052 NextLast modified: September 28, 2016