Tex. Utils. Code Section 123.023
Contract for Natural Gas

(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.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Source: Section 123.023 — Contract for Natural Gas, https://statutes.­capitol.­texas.­gov/Docs/UT/htm/UT.­123.­htm#123.­023 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 123.023’s source at texas​.gov