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Current as of January 01, 2024 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 123.023. Contract for Natural Gas - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-123-023/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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