{"data":{"id":"us-tx/tex.-utilities-code-33.055","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 33.055","heading":"APPLICABILITY OF RATES.","body":"(a) Temporary or permanent rates set by the commission are prospective and observed from the date of the applicable commission order, except an interim rate order necessary to effect uniform system-wide rates or to provide an electric utility the opportunity to avoid confiscation during the period beginning on the date a petition for review is filed with the commission and ending on the date of a final order establishing rates.\n(b) The commission shall order interim rates on a prima facie showing by the electric utility that it has experienced confiscation during that period. The electric utility shall refund or credit against future bills:\n(1) money collected under the interim rates in excess of the rate finally ordered; and\n(2) interest on that money, at the current rate as determined by the commission.\n(c) In this section, \"confiscation\" includes negative cash flow experienced by an electric utility at any time a rate case proceeding is pending.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 2. PUBLIC UTILITY REGULATORY ACT","SUBTITLE B. ELECTRIC UTILITIES","CHAPTER 33. JURISDICTION AND POWERS OF MUNICIPALITY","SUBCHAPTER C. APPEAL OF MUNICIPAL ORDER"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.33.htm#33.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"337e460347ba41efcd612fdbd9627d825445cf640f52cbddd7ff54fd46dcb5d2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-33.054","next":"us-tx/tex.-utilities-code-33.101"},"notice":"GroundRules: Original legal text. Not legal advice."}