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Committee hears utility proposal to allow projected test years in water and sewer rate cases
Summary
Senate Bill 18-91 would authorize investor-owned water and sewer utilities to seek rate relief using historic, future or combined test years; industry supporters said the change would reduce regulatory lag and encourage infrastructure investment. Committee left the bill pending.
Senator Perry explained Senate Bill 18-91, a proposal to authorize the Public Utility Commission of Texas (PUC) to use historic, projected (future) or combined test years when setting rates for investor-owned water and sewer utilities.
Craig Blanchett, president of Aqua Texas, testified that the company's recent…
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