Preferred Rate Treatment Warranted

Tex. Utilities Code § 58.256, under Incentive Regulation.

Tex. Utilities Code § 58.256

Sec. 58.256. PREFERRED RATE TREATMENT WARRANTED. An entity described by Section 58.253(a) warrants preferred rate treatment. However, a rate charged for a service must cover the service's long run incremental cost. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.