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Texas Utilities Code - UTIL § 34.0205. Grants and Loans

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The commission by rule may establish procedures for the application for and award of a grant or loan under this subchapter.

(b) The amount of a grant provided under this subchapter may not exceed $500 per kilowatt of capacity.

(c) The commission may provide a loan under this subchapter for procurement and operating costs.

(d) The commission shall maintain and publish a list of approved vendors eligible to assist with the sale, installation, operation, and ongoing maintenance of Texas backup power packages.

(e) The commission may not provide a grant or loan under this subchapter for:

(1) a commercial energy system, a private school, or a for-profit entity that does not directly serve public safety and human health; or

(2) a source of backup power that does not follow the design and use standards of a Texas backup power package.

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Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 34.0205. Grants and Loans - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-34-0205/

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