Tex. Util. Code § 34.0202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 34.0202 - [See Note] Purpose

The purpose of this subchapter is to facilitate and provide funding for the design, procurement, installation, and use of Texas backup power packages to ensure the reliability or adequacy of an electric power grid in this state for facilities on which communities rely for health, safety, and well-being.

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 465,Sec. 2, eff. on the date on which the constitutional amendment proposed by the 88th Legislature, Regular Session, 2023, providing for the creation of the Texas energy fund to support the construction, maintenance, modernization, and operation of electric generating facilities takes effect. If that amendment is not approved by the voters, this Act has no effect..