Tex. Utilities Code § 123.023

This is the official text of Tex. Utilities Code § 123.023, part of Texas’s Utilities Code — regulates utility companies.

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§ 123.023. CONTRACT FOR NATURAL GAS.

Official statutory text

(a) A supplier and an agriculture energy user may by contract establish a price and other terms of service for the furnishing of natural gas.

(b) A contract under this section must be negotiated in good faith and the result of arm's-length bargaining between the parties.

(c) Each party shall provide information and maintain records as reasonably necessary for the contract.

(d) A price charged to an agriculture energy user under the contract may not exceed the price charged to a majority of the supplier's commercial users or other similar large-volume users.

Status: in_force · Read it on the official government site

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