Sec. 36.206. MARK-UPS. (a) A cost recovery factor established for the recovery of purchased power costs may include:
(1) the cost the electric utility incurs in purchasing capacity and energy;
(2) a mark-up added to the cost or another mechanism the commission determines will reasonably compensate the utility for any financial risk associated with purchased power obligations; and
(3) the value added by the utility in making the purchased power available to customers.
(b) The mark-ups and cost recovery factors, if allowed, may be those necessary to encourage the electric utility to include economical purchased power as part of the utility's energy and capacity resource supply plan.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 36.155 36.156 36.201 36.202 36.203 36.204 36.205 36.206 36.207 36.208 36.209 36.210 36.211 36.212 36.351 NextLast modified: September 28, 2016