Texas HB4384 allows gas utilities to defer certain costs as regulatory assets until recovery in rates.

Texas HB4384 amends the Utilities Code to allow gas utilities to defer specific costs as regulatory assets until they are recovered in rates. These costs include post in-service carrying costs, depreciation, ad valorem taxes, and incremental operations and maintenance expenses associated with unrecovered gross plant. The Railroad Commission of Texas must adopt rules to implement these changes within 180 days of the Act's effective date.

Texas HB4384 allows gas utilities to defer certain costs as regulatory assets until recovery in rates.

Texas HB4384 amends the Utilities Code to allow gas utilities to defer specific costs as regulatory assets until they are recovered in rates. These costs include post in-service carrying costs, depreciation, ad valorem taxes, and incremental operations and maintenance expenses associated with unrecovered gross plant. The Railroad Commission of Texas must adopt rules to implement these changes within 180 days of the Act's effective date.