Texas Utilities Code 181.008 – Authority Relating to Transport or Sale
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(a) A gas or electric corporation has the power to generate, make, manufacture, transport, and sell gas, electric current, and power to an individual, the public, or a municipality for any purpose.
(b) A gas or electric corporation may:
(1) impose reasonable charges for an action taken under Subsection (a); and
(2) construct, maintain, and operate power plants and substations and any machinery, apparatus, pipe, pole, wire, device, or arrangements as necessary to operate its lines in this state.
Terms Used In Texas Utilities Code 181.008
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.