Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Utilities Code § 39.657: TRUE-UP.

Where this section sits in the code

UTILITIES CODE
TITLE 2. PUBLIC UTILITY REGULATORY ACT
SUBTITLE B. ELECTRIC UTILITIES
CHAPTER 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY
SUBCHAPTER N. WINTER STORM URI UPLIFT FINANCING

An order shall include a mechanism requiring that uplift charges be reviewed and adjusted at least annually, not later than the 45th day after the anniversary date of the issuance of the debt obligations, to:

(1) correct over-collections or under-collections over the preceding 12 months; and

(2) ensure the expected recovery of amounts sufficient to timely provide all payments of debt service and other required amounts and charges in connection with the debt obligations.

Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.

Collected 2026-08-27T01:47:45Z. Source file · JSON

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