Tex. Util. Code § 39.605

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

Section 39.605 - Default Charges Nonbypassable

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.

Tex. Util. Code § 39.605

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