Texas Utilities Code 53.001 – Authorization to Establish and Regulate Rates
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(a) Except as otherwise provided by this title, the commission may establish and regulate rates of a public utility and may adopt rules for determining:
(1) the classification of customers and services; and
(2) the applicability of rates.
(b) A rule or order of the commission may not conflict with a ruling of a federal regulatory body.
Terms Used In Texas Utilities Code 53.001
- Rule: includes regulation. See Texas Government Code 311.005