Utilities Code › Title 2 › Chapter 36 › Subchapter I

Texas Utilities Code § 36.404

Nonbypassable Charges

Rates · Securitization for Recovery of System Restoration Costs

The commission shall include terms in the financing order to ensure that the imposition and collection of transition charges associated with the recovery of system restoration costs are nonbypassable by imposing restrictions on bypassability of the type provided for in Chapter 39 or by alternative means of ensuring nonbypassability, as the commission considers appropriate, consistent with the purposes of securitization.

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

Official source
Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1 (S.B. 769), Sec. 1, eff. April 16, 2009.