Sec. 58.053. INVESTMENT LIMITATION ON SERVICE STANDARDS. (a) The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.
(b) In computing the average under Subsection (a), the company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 58.203.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 58.023 58.024 58.025 58.026 58.027 58.051 58.052 58.053 58.054 58.055 58.056 58.057 58.058 58.059 58.060 NextLast modified: September 28, 2016