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Tex. Bus. & Com. Code § 115.005

DISCLOSURES FOR POWER PURCHASE AGREEMENTS

Added by Acts 2021, 87th Leg., R.S., Ch. 561 (S.B. 398), Sec. 1, eff

A residential or small commercial customer who enters into a power purchase agreement is entitled to receive in writing:

(1) the disclosures required under Sections 115.003(1), (2), (5), and (6);

(2) the term and rate of the power purchase agreement, including any payment escalators or other terms that affect the customer's payments; and

(3) whether the power purchase agreement and any applicable warranty or maintenance agreement is transferable to a subsequent purchaser of the property where the distributed renewable generation resource is installed.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.