Tex. Utilities Code § 39.161
This is the official text of Tex. Utilities Code § 39.161, part of Texas’s Utilities Code — regulates utility companies.
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§ 39.161. CHARGES FOR CERTAIN MARKET PARTICIPANTS.
Official statutory text
Notwithstanding any other law, no default or uplift charge or repayment may be allocated to or collected from a market participant that:
(1) otherwise would be subject to an uplift charge solely as a result of acting as a central counterparty clearinghouse in wholesale market transactions in the ERCOT power region; and
(2) is regulated as a derivatives clearing organization, as defined by the Commodity Exchange Act (7 U.S.C. Section 1a).
(1) otherwise would be subject to an uplift charge solely as a result of acting as a central counterparty clearinghouse in wholesale market transactions in the ERCOT power region; and
(2) is regulated as a derivatives clearing organization, as defined by the Commodity Exchange Act (7 U.S.C. Section 1a).
Status: in_force · Read it on the official government site
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