Texas Utilities Code

§ 39.410 — CONTRACTUAL OBLIGATIONS

UT § 39.410Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY · Art. I. PROVISIONS FOR CERTAIN NON-ERCOT UTILITIES

Statute text

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This subchapter may not:

(1)interfere with or abrogate the rights or obligations of any party, including a retail or wholesale customer, to a contract with an investor-owned electric utility, river authority, municipally owned utility, or electric cooperative;

(2)interfere with or abrogate the rights or obligations of a party under a contract or agreement concerning certificated utility service areas; or

(3)result in a change in wholesale power costs to wholesale customers in Texas purchasing electricity under wholesale power contracts the pricing provisions of which are based on formulary rates, fuel adjustments, or average system costs.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1041, Sec. 2, eff. June 15, 2001.