Depreciation Account

Tex. Utilities Code § 32.102, under Jurisdiction and Powers of Commission and Other Regulatory Authorities.

Tex. Utilities Code § 32.102

Sec. 32.102. DEPRECIATION ACCOUNT. The commission shall require each electric or municipally owned utility to carry a proper and adequate depreciation account in accordance with: (1) the rates and methods prescribed by the commission under Section 36.056; and (2) any other rule the commission adopts. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.