Sec. 39.410. CONTRACTUAL OBLIGATIONS. This subchapter may not:
(1) interfere with or abrogate the rights or obligations of any party, including a retail or wholesale customer, to a contract with an investor-owned electric utility, river authority, municipally owned utility, or electric cooperative;
(2) interfere with or abrogate the rights or obligations of a party under a contract or agreement concerning certificated utility service areas; or
(3) result in a change in wholesale power costs to wholesale customers in Texas purchasing electricity under wholesale power contracts the pricing provisions of which are based on formulary rates, fuel adjustments, or average system costs.
Added by Acts 2001, 77th Leg., ch. 1041, Sec. 2, eff. June 15, 2001.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter I. Provisions for Certain Non-Ercot Utilities
Section 39.402. Regulation of Utility and Transition to Competition
Section 39.407. Customer Choice and Relevant Market and Related Matters
Section 39.408. Hiring Assistance for Federal Proceedings
Section 39.409. Recoupment of Transition to Competition Costs