Texas 2021 - 87th Regular

Texas Senate Bill SB1012 Latest Draft

Bill / Introduced Version Filed 03/04/2021

                            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.