Relating to the recovery of a gas utility's gross plant placed in service not yet being recovered in rates.

SB 2780 allows gas utilities in Texas to defer specific costs related to unrecovered infrastructure as a regulatory asset for future rate recovery. It permits deferring "post in-service carrying costs" (unrecovered plant costs multiplied by the utility's cost of capital), depreciation, property taxes, and certain operations expenses tied to infrastructure not yet reflected in current rates. These deferred costs become part of the utility's regulatory asset, which is recovered through future rate adjustments under the Railroad Commission's oversight. The bill directly affects gas utilities (like CenterPoint Energy) and ratepayers, as these costs will eventually be passed on through customer bills.