Texas Utilities Code 36.063 – Consideration of Profit or Loss From Sale or Lease of Merchandise
Current as of: 2024 | Check for updates
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Terms Used In Texas Utilities Code 36.063
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
In establishing an electric or municipally owned utility’s rates, the regulatory authority may not consider any profit or loss that results from the sale or lease of merchandise, including appliances, fixtures, or equipment, to the extent that merchandise is not integral to providing utility service.