Tex.
Utils. Code Section 53.252
Adoption of Certain Policies
(1)
provide for evaluation of the overall reasonableness of the rates of a rural or small incumbent local exchange company or cooperative not more frequently than once every three years;(2)
permit consideration of future construction plans and operational changes in evaluating the reasonableness of the rates of a rural or small incumbent local exchange company or cooperative; or(3)
allow a rural or small incumbent local exchange company or cooperative to:(A)
provide required information by report or by other means, as necessary, including a required rate filing package, in substantially less burdensome and complex form than is required of a larger incumbent local exchange company;(B)
change depreciation and amortization rates, if customer rates are not affected, after notice to the commission, subject to commission review in a proceeding under Subchapter C or Subchapter D;(C)
adopt for a new service the rates for the same or a substantially similar service offered by a larger incumbent local exchange company, without additional cost justification; and(D)
submit to the commission, instead of a management audit otherwise required by law, policy, or rule, financial audits regularly performed by an independent auditor or required and performed as a result of the company’s or cooperative’s participation in a federal or state financing or revenue-sharing program.
Source:
Section 53.252 — Adoption of Certain Policies, https://statutes.capitol.texas.gov/Docs/UT/htm/UT.53.htm#53.252
(accessed Jun. 5, 2024).