16 Tex. Admin. Code § 7.5213
A utility may be permitted, subject to any revenue adjustment required, to include AFC related to a project in its rate base in rate proceedings after completion of the project. If, pursuant to this section, a utility is permitted to include CWIP related to a project in its rate base, only that AFC accruing prior to such inclusion shall be permitted.
Source Note:The provisions of this §7.5213 adopted to be effective July 29, 2002, 27 TexReg 6687.