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Amend CSHB 1822 (Senate committee report) by adding the
following appropriately numbered SECTION to the bill and
renumbering subsequent SECTIONS accordingly:
SECTION ____. Subchapter C, Chapter 39, Utilities Code, is
amended by adding section 39.112 to read as follows:
Sec. 39.112. NOTICE OF EXPIRATION AND PRICE CHANGE. (a) In
this section, "fixed rate product" means a retail electric product
with a term of at least three months for which the price for each
billing period, including recurring charges, does not change
throughout the term of the contract, except that the price may vary
to reflect actual changes in transmission and distribution utility
charges, changes to ERCOT or Texas Regional Entity administrative
fees charged to loads, or changes to federal, state, or local laws
that result in new or modified fees or costs that are not within the
retail electric provider's control.
(b) A retail electric provider shall provide a residential
customer who has a fixed rate product with at least one written
notice of the date the fixed rate product will expire. The notice
must:
(1) be sent to the customer's billing address by mail
at least 30, but not more than 60, days preceding the date the
contract will expire;
(2) be sent to the customer's email address, if
available to the provider and if the customer has agreed to receive
notices electronically, at least 30, but not more than 60, days
preceding the date the contract will expire;
(3) include on the outside of the envelope in which the
notice is sent, a statement that reads: "Contract Expiration
Notice. See Enclosed.";
(4) if included with a customer's bill, be printed on a
separate page; and
(5) include a description of any fees or charges
associated with the early termination of the customer's fixed rate
product.
(c) A retail electric provider shall include on each billing
statement the end date of the fixed rate product.
(d) No provision in this section shall be construed to
prohibit the commission from adopting rules that would provide a
greater degree of customer protection.