Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 59.026 - Complaint or Hearing(a) On or before the end of the company's election period, an electing company is not, under any circumstances, subject to:(1) a complaint or hearing regarding the reasonableness of the company's: (C) return on invested capital; or(2) a complaint that a rate is excessive.(b) Subsection (a) applies only to a company that is in compliance with the company's infrastructure commitment under this chapter.(c) This section does not prohibit a complaint, hearing, or determination on an electing company's implementation of a competitive safeguard required by Chapter 60. Amended by Acts 1999, 76th Leg., ch. 1212, Sec. 49, eff. Sept. 1, 1999 Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.