Tex. Utils. Code Section 59.022
Withdrawal of Election


(a)

The commission may allow an electing company to withdraw the company’s election under this chapter:

(1)

on application by the company; and

(2)

only for good cause.

(b)

In this section, “good cause” includes only matters beyond the control of the company.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Sec. 59.023. ELECTION UNDER CHAPTER 58 (Incentive Regulation). (a) This chapter does not prohibit a company electing under this chapter from electing incentive regulation under Chapter 58 (Incentive Regulation).

(b)

If a company makes an election under Chapter 58 (Incentive Regulation), the infrastructure commitment made under this chapter offsets the infrastructure commitment required in connection with the Chapter 58 (Incentive Regulation) election.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Source: Section 59.022 — Withdrawal of Election, https://statutes.­capitol.­texas.­gov/Docs/UT/htm/UT.­59.­htm#59.­022 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 59.022’s source at texas​.gov