Amend Amendment No. 25 by Vo by striking the text of the amendment and substituting the following:
Amend HB 1600 (house committee report) in ARTICLE 1 of the bill by adding the following appropriately numbered SECTION and renumbering the subsequent SECTIONS of the ARTICLE accordingly:
SECTION 1.____. Section 39.112, Utilities Code, is amended by adding Subsection (e) to read as follows:
(e) A retail electric provider shall provide to a residential customer who has a contract with a term of 31 days or less notice of a price increase that is at the discretion of the provider at least 14 days before the date the customer will be affected by that increase. A price increase is not at the discretion of the provider if the change occurs to reflect actual changes in transmission and distribution utility charges, changes to ERCOT or Texas Regional Entity administrative fees charged to entities serving loads, or changes to federal, state, or local laws applicable to retail electric providers that result in new or modified fees or costs that are not within the retail electric provider's control.