{"data":{"id":"us-tx/tex.-utilities-code-104.052","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 104.052","heading":"ESTABLISHING FAIR RATE OF RETURN.","body":"The regulatory authority may not establish a rate that yields more than a fair return on the adjusted value of the invested capital used and useful in providing service to the public.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 3. GAS REGULATION","SUBTITLE A. GAS UTILITY REGULATORY ACT","CHAPTER 104. RATES AND SERVICES","SUBCHAPTER B. COMPUTATION OF RATES"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.104.htm#104.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"ff6636459d8ed70cbeb1b34b6aa8925109a6779871574965c233c76cf0463c0c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-104.051","next":"us-tx/tex.-utilities-code-104.053"},"notice":"GroundRules: Original legal text. Not legal advice."}