82R4948 ALL-D
By: Davis of Dallas H.B. No. 1445
A BILL TO BE ENTITLED
AN ACT
relating to the prices a retail electric provider charges certain
residential customers.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter C, Chapter 39, Utilities Code, is
amended by adding Section 39.113 to read as follows:
Sec. 39.113. PRICES CHARGED FOR FIXED PRICE CONTRACTS AND
MONTH-TO-MONTH SERVICE. (a) In this section, "fixed price
contract" means a residential retail electric service contract for
which the price is stated in the contract and does not change
throughout the term of the contract. The term does not include
month-to-month service.
(b) A retail electric provider may not offer month-to-month
service to a residential customer at a higher price than the price
at which the retail electric provider offers a fixed price contract
to a new or renewing residential customer.
SECTION 2. The change in law made by this Act applies only
to a contract for retail electric service entered into or renewed on
or after the effective date of this Act. A contract for retail
electric service entered into or renewed before the effective date
of this Act is governed by the law as it existed immediately before
the effective date of this Act, and that law is continued in effect
for that purpose.
SECTION 3. This Act takes effect September 1, 2011.