Texas § 58.054 RATES CAPPED.

Texas Statutes

§ 58.054 — RATES CAPPED.

Texas § 58.054

Code UTUtilities Code

This text of Texas § 58.054 (RATES CAPPED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Utilities Code Code Ann. § 58.054 (2026).

Text

Sec. 58.054. RATES CAPPED.

(a)As a condition of election under this chapter, an electing company shall commit to not increasing a rate for a basic network service on or before the fourth anniversary of its election date.

(b)The rates an electing company may charge on or before that fourth anniversary are the rates charged by the company on June 1, 1995, or, for a company that elects under this chapter after September 1, 1999, the rates charged on the date of its election, without regard to a proceeding pending under:

(1)Section 15.001 ;

(2)Subchapter D , Chapter 53 ; or

(3)Subchapter G , Chapter 2001 , Government Code.

(c)Notwithstanding Subsections (a) and (b), the cap on the rates for basic network services for a company electing under this chapter may not expire before September 1

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Sec. 58.054. RATES CAPPED. (a) As a condition of election under this chapter, an electing company shall commit to not increasing a rate for a basic network service on or before the fourth anniversary of its election date.
(b) The rates an electing company may charge on or before that fourth anniversary are the rates charged by the company on June 1, 1995, or, for a company that elects under this chapter after September 1, 1999, the rates charged on the date of its election, without regard to a proceeding pending under:
(1) Section 15.001 ;
(2) Subchapter D , Chapter 53 ; or
(3) Subchapter G , Chapter 2001 , Government Code.
(c) Notwithstanding Subsections (a) and (b), the cap on the rates for basic network services for a company electing under this chapter may not expire before September 1, 2005.