Sec. 13.1831. TEST YEAR. A regulatory authority shall fix rates for water and sewer services for a Class A, B, C, or D utility based on a test year the utility selects that: (1) includes historic, future, or combined historic and future data; (2) begins on the first day of a calendar or fiscal year quarter; and (3) is a consecutive 12-month period that: (A) begins not later than 18 months after the date the utility files the statement of intent to change rates; and (B) ends not earlier than 18 months before the date the utility files the statement of intent to change rates.
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