(a) The rate schedules and service regulations of Texas Utilities Electric Company approved and set by the Public Utility Commission of Texas pursuant to the petition and statement of intent filed by the Company with the Public Utility Commission of Texas on January 16, 1990, are hereby approved as the rate schedules and service regulations under which the Company is authorized to render service and to collect charges from its customers for the sale of electric power and energy within the corporate limits of this municipality until such time as the rate schedules and service regulations may be changed, modified, amended or withdrawn with the approval of the governing body of this municipality.
(b) The rate schedules and service regulations herein approved shall be effective from and after the date the Public Utility Commission of Texas orders the new rate schedules and service regulations effective for Texas Utilities Electric Company, provided that, in order to effect uniform systemwide rates, changed rates are earlier placed in effect in all of the other areas served by Texas Utilities Electric Company but only pursuant to an order of the Public Utility Commission of Texas fixing interim rates or pursuant to a bond filed with the Public Utility Commission of Texas and subject to refund to the same extent as authorized by Section 43(e) of the Public Utility Regulatory Act.
(c) The filing of the rate schedules and service regulations shall constitute notice to the consumers of electricity, within this municipality, of the availability and application of such rate schedules and service regulations.
(d) Nothing in this section shall be construed as limiting or modifying in any manner, the right and power of the governing body of this municipality under the law to regulate the rates, operations, and services of Texas Utilities Company.
(Ord. 4-3-84-2, passed 4-3-84; Am. Ord. 2690-1, passed 2-6-90)