Tex. Utils. Code Section 53.056
Depreciation, Amortization, and Depletion

(a)

The commission shall establish proper and adequate rates and methods of depreciation, amortization, or depletion for each class of property of a public utility.

(b)

On application of a utility, the commission shall establish depreciation rates that promote the use of new technology and infrastructure. In establishing rates under this subsection, the commission shall consider depreciation practices of nonregulated telecommunications providers.

(c)

The rates and methods established under this section and the depreciation account required by Section 52.252 (Depreciation Account) shall be used uniformly and consistently throughout rate-setting and appeal proceedings.

(d)

Notwithstanding this section, a company electing under Chapter 58 (Incentive Regulation) may determine its own depreciation rates and amortizations. The company shall notify the commission of any change in those rates or amortizations.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Source: Section 53.056 — Depreciation, Amortization, and Depletion, https://statutes.­capitol.­texas.­gov/Docs/UT/htm/UT.­53.­htm#53.­056 (accessed Jun. 5, 2024).

53.001
Authorization to Establish and Regulate Rates 53.002
Compliance with Title 53.003
Just and Reasonable Rates 53.004
Equality of Rates and Services 53.005
Rates for Area Not in Municipality 53.006
Burden of Proof 53.007
Limit on Reconnection Fee 53.051
Establishing Overall Revenues 53.052
Establishing Reasonable Return 53.053
Components of Invested Capital 53.054
Construction Work in Progress 53.055
Separations and Allocations 53.056
Depreciation, Amortization, and Depletion 53.057
Net Income 53.058
Consideration of Payment to Affiliate 53.059
Treatment of Certain Tax Benefits 53.060
Computation of Income Tax 53.061
Allowance of Certain Expenses 53.062
Consideration of Certain Expenses 53.063
Consideration of Profit or Loss from Sale or Lease of Merchandise 53.064
Self-insurance 53.065
Interexchange Services 53.101
Definition 53.102
Statement of Intent to Change Rates 53.103
Notice of Intent to Change Rates 53.104
Early Effective Date of Rate Change 53.105
Determination of Propriety of Change 53.106
Regional Hearing 53.107
Preference to Hearing 53.108
Rate Suspension 53.109
Temporary Rates 53.110
Bonded Rates 53.111
Establishment of Final Rates 53.112
Expiration of Suspension 53.113
Fcc-approved Tariffs for Switched-access Service 53.151
Unreasonable or Violative Existing Rates 53.152
Investigating Costs of Obtaining Service from Another Source 53.201
Automatic Adjustment for Change in Costs Prohibited 53.251
General Policy 53.252
Adoption of Certain Policies 53.301
Definition 53.302
Applicability 53.303
Provisions Not Exclusive 53.304
Procedure to Offer Certain Services or Make Minor Changes 53.305
Notice to Affected Customers 53.306
Commission Review of Proposed Change 53.307
Compliance with Principles 53.308
Fees and Assessments 53.351
Provisions Not Exclusive 53.352
Partial Deregulation by Ballot 53.353
Voting Procedures 53.354
Procedure to Offer Certain Services or Make Certain Changes 53.355
Statement of Intent 53.356
Notice to Affected Persons 53.357
Filing of Affidavits Verifying Notice 53.358
Commission Review of Proposed Action 53.359
Reversal of Deregulation by Ballot
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Accessed:
Jun. 5, 2024

§ 53.056’s source at texas​.gov