Tex. Utilities Code § 35.064
This is the official text of Tex. Utilities Code § 35.064, part of Texas’s Utilities Code — regulates utility companies.
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§ 35.064. CERTIFICATION STANDARDS.
Official statutory text
The commission shall certify an agreement submitted under Section 35.062 if the agreement:
(1) provides for payments over the contract term that are equal to or less than the electric utility's avoided costs, as established by the commission and in effect at the time the agreement was signed; and
(2) provides the electric utility the opportunity to acquire the cogeneration or small-power production installation before the installation is offered to another purchaser or provides other sufficient assurance that the electric utility will be provided with a comparable supply of electricity, if the qualifying facility ceases to operate the installation.
(1) provides for payments over the contract term that are equal to or less than the electric utility's avoided costs, as established by the commission and in effect at the time the agreement was signed; and
(2) provides the electric utility the opportunity to acquire the cogeneration or small-power production installation before the installation is offered to another purchaser or provides other sufficient assurance that the electric utility will be provided with a comparable supply of electricity, if the qualifying facility ceases to operate the installation.
Status: in_force · Read it on the official government site
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