Accounts of Profits and Losses

Tex. Utilities Code § 32.103, under Jurisdiction and Powers of Commission and Other Regulatory Authorities.

Tex. Utilities Code § 32.103

Sec. 32.103. ACCOUNTS OF PROFITS AND LOSSES. An electric or municipally owned utility shall keep separate accounts showing profits or losses from the sale or lease of merchandise, including an appliance, a fixture, or equipment. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.