87R11105 CXP-D By: Hinojosa S.B. No. 1012 A BILL TO BE ENTITLED AN ACT relating to rate plans offered by retail electric providers. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 39.101, Utilities Code, is amended by adding Subsections (b-1) and (b-2) to read as follows: (b-1) A retail electric provider may not enroll a customer in a variable rate plan without the customer's express consent. The consent must be given in a manner that indicates the customer understands that the customer is enrolling in a variable rate plan. The retail electric provider shall provide notice that the plan includes variable rates in an easily readable font and type size. (b-2) A retail electric provider may not offer to a retail customer a rate plan that allows switching from one rate structure to another rate structure. SECTION 2. This Act takes effect September 1, 2021.