The Public Utility Commission of Texas regulates the state's electric, telecommunication, and water and sewer utilities, implements respective legislation, and provides customer assistance in resolving consumer complaints.
Fair market value is the determined worth or value of an asset based on its likely sales price to a third-party purchaser. In essence, it's the reasonable amount a buyer would pay to purchase it at a given moment in time.
We are excited to offer the Faucet Facts newsletter, a quarterly update from the Public Utility Commission of Texas (PUCT) on water and sewer retail public utility regulation.