Tex. Bus. & Com. Code Section 115.005
Disclosures for Power Purchase Agreements

A residential or small commercial customer who enters into a power purchase agreement is entitled to receive in writing:

(1)

the disclosures required under Sections 115.003 (Lease, Sales, and Installation Disclosures)(1), (2), (5), and (6);

(2)

the term and rate of the power purchase agreement, including any payment escalators or other terms that affect the customer’s payments; and

(3)

whether the power purchase agreement and any applicable warranty or maintenance agreement is transferable to a subsequent purchaser of the property where the distributed renewable generation resource is installed.
Added by Acts 2021, 87th Leg., R.S., Ch. 561 (S.B. 398), Sec. 1, eff. September 1, 2021.
Redesignated by Acts 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595), Sec. 24.001 (Short Title)(1), eff. September 1, 2023.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595), Sec. 24.002(2), eff. September 1, 2023.

Source: Section 115.005 — Disclosures for Power Purchase Agreements, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­115.­htm#115.­005 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 115.005’s source at texas​.gov