Texas Utilities Code

§ 39.605 — DEFAULT CHARGES NONBYPASSABLE

UT § 39.605Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY · Art. M. WINTER STORM URI DEFAULT BALANCE FINANCING

Statute text

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An order issued under Section 39.603 or 39.604 must:

(1)include terms ensuring that the imposition and collection of default charges authorized in the order shall be nonbypassable by wholesale market participants; and

(2)authorize the independent organization to establish appropriate fees and other methods for pursuing amounts owed from entities exiting the wholesale market.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.