Sec. 39.461. NONBYPASSABLE CHARGES. The commission may include terms in the financing order to ensure that the imposition and collection of transition charges associated with the recovery of hurricane reconstruction costs are nonbypassable by imposing restrictions on bypassability of the type provided for in this chapter or by alternative means of ensuring nonbypassability, as the commission considers appropriate, consistent with the purposes of securitization.
Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 11 (H.B. 163), Sec. 2, eff. May 31, 2006.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter J. Transition to Competition in Certain
Section 39.452. Regulation of Utility and Transition to Competition
Section 39.4525. Hiring Assistance for Federal Proceedings
Section 39.453. Customer Choice and Relevant Market and Related Matters
Section 39.454. Recoupment of Transition to Competition Costs
Section 39.455. Recovery of Incremental Capacity Costs
Section 39.456. Franchise Agreements
Section 39.457. Contractual Rights
Section 39.458. Recovery and Securitization of Hurricane Reconstruction Costs; Purpose
Section 39.459. Hurricane Reconstruction Costs
Section 39.460. Standards and Procedures Governing Securitization of Hurricane Reconstruction Costs
Section 39.461. Nonbypassable Charges
Section 39.462. Determination of Hurricane Reconstruction Costs