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A BILL TO BE ENTITLED
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AN ACT
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relating to rate plans offered by retail electric providers. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 39.101, Utilities Code, is amended by |
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adding Subsection (b-1) to read as follows: |
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(b-1) A retail electric provider may not enroll a customer |
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in a rate plan that allows the provider to use a variable rate |
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pricing structure after the expiration of a rate plan with a |
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fixed-rate pricing structure without the customer's express |
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consent. The consent must be given in a manner that indicates the |
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customer understands that the customer is potentially enrolling in |
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a variable rate plan. The retail electric provider shall provide |
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notice that the plan includes variable rates in an easily readable |
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font and type size. |
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SECTION 2. This Act takes effect September 1, 2021. |