Utilities Code › Title 3 › Chapter 123 › Subchapter B

Texas Utilities Code § 123.023

Contract for Natural Gas

Use of Natural Gas for Agricultural Purposes · Agriculture Gas Users Act

(a) A supplier and an agriculture energy user may by contract establish a price and other terms of service for the furnishing of natural gas.

(b) A contract under this section must be negotiated in good faith and the result of arm's-length bargaining between the parties.

(c) Each party shall provide information and maintain records as reasonably necessary for the contract.

(d) A price charged to an agriculture energy user under the contract may not exceed the price charged to a majority of the supplier's commercial users or other similar large-volume users.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.