13.185[1/2] – COMPONENTS OF INVESTED CAPITAL AND NET INCOME.
Texas Water Code § 13.185[1/2]
Summary
This law outlines how to determine the components of invested capital and net income for utilities. It affects utility companies by establishing guidelines for calculating rates based on the original cost of property used in service provision.
Establishes rules for calculating invested capital and net income.
Utility rates based on original cost of service-related property.
Alternate methodologies may be adopted under specific sections.
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In simple terms: Learn about Texas's COMPONENTS OF INVESTED CAPITAL AND NET INCOME. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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