81R9722 TRH-F By: Thibaut H.B. No. 2345 A BILL TO BE ENTITLED AN ACT relating to the rate charged for electric service by a provider of last resort. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 39.106(b), Utilities Code, is amended to read as follows: (b) A provider of last resort shall offer a standard retail service package for each class of customers designated by the commission at a fixed[, nondiscountable] rate. The price of service under the standard package: (1) may not exceed the average price for electricity in the service area served by the provider of last resort; and (2) applies for a period of 60 days before it may be adjusted to account for changes to the average price of electricity in the service area served by the provider of last resort [approved by the commission]. SECTION 2. This Act takes effect September 1, 2009.