Texas Utilities Code

§ 39.656 — UPLIFT CHARGES NONBYPASSABLE

UT § 39.656Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY · Art. N. WINTER STORM URI UPLIFT FINANCING

Statute text

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An order issued under Section 39.653, 39.654, or 39.655 must:

(1)include terms ensuring that the imposition and collection of uplift charges authorized in the order shall be nonbypassable, except for entities excluded under Section 39.653(d); 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.