Tex. Util. Code § 123.023

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 123.023 - Contract for Natural Gas
(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.

Tex. Util. Code § 123.023

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