Sec. 113.005. DISCLOSURES FOR POWER PURCHASE AGREEMENTS. A residential or small commercial customer who enters into a power purchase agreement is entitled to receive in writing:
(1) the disclosures required under Sections 113.003(1), (2), (5), and (6);
(2) the term and rate of the power purchase agreement, including any payment escalators or other terms that affect the customer's payments; and
(3) whether the power purchase agreement and any applicable warranty or maintenance agreement is transferable to a subsequent purchaser of the property where the distributed renewable generation resource is installed.
Added by Acts 2021, 87th Leg., R.S., Ch. 561 (S.B. 398), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 5 - Regulation of Businesses and Services
Subtitle C - Business Operations
Chapter 113 - Sales and Leasing of Distributed Renewable Generation Resources
Section 113.002. Applicability
Section 113.003. Lease, Sales, and Installation Disclosures
Section 113.004. Additional Disclosures for Lease Agreements