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§ 36.156 — Texas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Texas/
  4. Utilities Code - Title 1 - General Provisions/
  5. Title 2 - Public Utility Regulatory Act/
  6. Subtitle B - Electric Utilities/
  7. Chapter 36 - Ratessub/
  8. Subchapter D - Rate Changes Proposed by Regulatory Authority/
  9. § 36.156
Texas Legal Code
(a) The rates charged by the electric utility on the 185th day after the date the utility files the rate-filing package required by Section 36.153 automatically become temporary rates if:(1) the 185-day period has been extended under Section 36.154(b); and(2) the regulatory authority has not issued a final order or established temporary rates for the electric utility on or before the 185th day.(b) On issuance of a final order, the regulatory authority:(1) shall require the electric utility to refund to customers or to credit against future bills:(A) money collected under the temporary rates in excess of the rate finally ordered; and(B) interest on that money, at the current interest rate as determined by the commission; or(2) shall authorize the electric utility to surcharge bills to recover:(A) the amount by which the money collected under the temporary rates is less than the money that would have been collected under the rate finally ordered; and(B) interest on that amount, at the current interest rate as determined by the commission. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

§ 36.156

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