Utilities Code › Title 2 › Chapter 39 › Subchapter M

Texas Utilities Code § 39.605

Default Charges Nonbypassable

Restructuring of Electric Utility Industry · Winter Storm Uri Default Balance Financing

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.

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

Official source
Legislative history

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

This section refers to

§ 39.603§ 39.604