Utilities Code § 53.059
The commission must balance customer interests and apportion tax-savings benefits between consumers and the public utility; if a utility keeps part of an investment tax credit, that part must be deducted from the related facility cost or rate-base addition, as allowed by federal tax law.
- Jurisdiction
- United States — Texas
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- Language
- en
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depreciation and amortization rate base tax benefits
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Utilities Code § 53.059
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