Text of section as added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 4
For text of section as added by Acts 2021, 87th Leg., R.S., Ch. 73 (H.B. 2586), Sec. 1, see other Sec. 39.159.
For text of section as added by Acts 2021, 87th Leg., R.S., Ch. 426 (S.B. 3), Sec. 18, see other Sec. 39.159.
For text of section as added by Acts 2021, 87th Leg., R.S., Ch. 876 (S.B. 1281), Sec. 3, see other Sec. 39.159.
For text of section as added by Acts 2021, 87th Leg., R.S., Ch. 950 (S.B. 1580), Sec. 3, see other Sec. 39.159.
Sec. 39.159. AMOUNTS OWED TO INDEPENDENT ORGANIZATION BY MARKET PARTICIPANTS. (a) The commission shall require that all market participants fully and promptly pay to the independent organization certified under Section 39.151 for the ERCOT power region all amounts owed to the independent organization, or provide for the full and prompt payment of those amounts owed, which must be calculated solely according to the protocols of the independent organization in effect during the period of emergency and subject to the jurisdiction of the commission, to qualify, or to continue to qualify, as a market participant in the ERCOT power region.
(b) The independent organization shall report to the commission that a market participant is in default for the failure to pay, or provide for the full and prompt payment of, all amounts owed to the independent organization as calculated in accordance with this section. The commission may not allow the defaulting market participant to continue to be a market participant in the ERCOT power region for any purpose or allow the independent organization to accept the defaulting market participant's loads or generation for scheduling in the ERCOT power region until all amounts owed to the independent organization by the market participant as calculated in this section are fully paid.
(c) The commission and the independent organization shall pursue collection in full of amounts owed to the independent organization by any market participant to reduce the costs that would otherwise be borne by other market participants or their customers.
Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 4, eff. June 16, 2021.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter D. Market Structure
Section 39.151. Essential Organizations
Section 39.1511. Public Meetings of the Governing Body of an Independent Organization
Section 39.1513. Ercot Board Selection Committee
Section 39.1515. Wholesale Electric Market Monitor
Section 39.1516. Cybersecurity Monitor
Section 39.152. Qualifying Power Regions
Section 39.153. Capacity Auction
Section 39.154. Limitation of Ownership of Installed Capacity
Section 39.155. Commission Assessment of Market Power
Section 39.156. Market Power Mitigation Plan
Section 39.157. Commission Authority to Address Market Power
Section 39.158. Mergers and Consolidations
Section 39.159. Dispatchable Generation
Section 39.159. Amounts Owed to Independent Organization by Market Participants
Section 39.159. Charges for Certain Market Participants
Section 39.159. Audit of Independent Organization Certified for Ercot Power Region
Section 39.159. Grid Reliability Assessment