Amend CSSB 482 as follows:                                                   
	(1)  On page 2, lines 12 and 13, between "that" and "on" 
insert ", as of December 31, 2006 had more than 250,000 residential 
customers and".
	(2)  On page 2, line 13, strike "on December 31, 2006"                  
	(3)  On page 2, line 27, strike "40" and substitute "35".        
	(4)  On page 3, strike Subsection (a) and Subsection (b), 
Section 39.2025 and substitute the following:
	(a)  The commission may review, as described in Subsection 
(b), the price of the electric service plan under which customers 
who took service under a price to beat tariff on December 31, 2006 
who have not subsequently chosen an alternate retail electric 
service plan are served in a transmission and distribution utility 
service territory if:
		(1)  at the end of calendar year 2007 the number of such 
customers exceeds 25 percent of the number of residential customers 
in the transmission and distribution service territory in which 
such customers take service; or
		(2)  at the end of calendar year 2008 the number of such 
customers exceeds 15 percent of the number of residential customers 
in the transmission and distribution service territory in which 
such customers take service.
	(b)  If the price charged by a retail electric provider to 
applicable residential customers is more than two cents per 
kilowatt hour higher for more than six consecutive months than the 
simple average of the prices charged for other similar electric 
service plans in the relevant transmission and distribution service 
territory, the commission may initiate a review of the retail 
electric provider's price charged to such residential customers.  
Of the commission determines that the retail electric provider's 
price charged to such customers is not reasonable based on its 
review, the commission may reduce the retail electric provider's 
residential price charged to such customers, but not to less than 
one cent per kilowatt hour higher than the simple average of the 
prices charged for other similar electric service plans in the 
relevant transmission and distribution utility service territory 
at the time the downward adjustment is required.
	(5)  On page 2, line 48, between "be" and "allocated" insert, 
"held in a segregated account by the retail electric provider and".