89R6077 SCR-D
By: Zaffirini S.B. No. 2224
A BILL TO BE ENTITLED
AN ACT
relating to the execution of a certificate of completion and to
imposing certain requirements under a retail installment contract
for the purchase of distributed renewable generation resources.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 345.001, Finance Code, is amended by
adding Subdivision (1-a) to read as follows:
(1-a) "Distributed renewable generation" has the
meaning assigned by Section 39.916, Utilities Code. The term
includes any electric energy storage installed with the generation.
SECTION 2. Subchapter B, Chapter 345, Finance Code, is
amended by adding Section 345.0811 to read as follows:
Sec. 345.0811. DEFERMENT OF RETAIL INSTALLMENT CONTRACTS
FOR DISTRIBUTED RENEWABLE GENERATION RESOURCES ON CERTAIN FAILED
BUILDING CODE INSPECTIONS. (a) A retail buyer who is required by a
retail seller of distributed renewable generation resources to
execute a certificate of completion is entitled to deferment of
installment under Section 345.069 if:
(1) the installation of a distributed renewable
generation resource purchased under a retail installment contract
fails a building code inspection resulting from the installation of
the distributed renewable generation resource not later than the
first anniversary of the execution of the certificate of completion
covering the installation; and
(2) the retail buyer notifies the retail seller of the
failed building code inspection not later than the 30th day after
the date of the inspection.
(b) A retail buyer is entitled to a deferment of installment
under Subsection (a) for the period:
(1) beginning on the date the retail buyer notifies
the retail seller of the failed building code inspection under
Subsection (a)(2); and
(2) ending on the date the retail seller corrects the
work cited by the failed inspection.
(c) If a retail seller of distributed renewable generation
resources does not correct the work cited by the failed building
code inspection before the 91st day after the date the retail seller
receives the notice under Subsection (a)(2):
(1) the certificate of completion is void;
(2) the retail seller shall exercise reasonable care
to remove the distributed renewable generation resource
installation and correct any incidental damage to the real property
resulting from the installation and removal; and
(3) the retail buyer is entitled to rescind the retail
installment contract and receive a refund of all payments under or
in contemplation of the contract.
SECTION 3. Section 345.0811, Finance Code, as added by this
Act, applies only to a retail installment contract entered into on
or after the effective date of this Act. A retail installment
contract entered into before the effective date of this Act is
governed by the law in effect on the date the contract was entered
into, and the former law is continued in effect for that purpose.
SECTION 4. This Act takes effect September 1, 2025.