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Texas Utilities Code - UTIL § 39.161. Charges for Certain Market Participants

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

Notwithstanding any other law, no default or uplift charge or repayment may be allocated to or collected from a market participant that:

(1) otherwise would be subject to an uplift charge solely as a result of acting as a central counterparty clearinghouse in wholesale market transactions in the ERCOT power region; and

(2) is regulated as a derivatives clearing organization, as defined by the Commodity Exchange Act (7 U.S.C. Section 1a).

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Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 39.161. Charges for Certain Market Participants - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-39-161/

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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