Tex. Utilities Code § 123.023

CONTRACT FOR NATURAL GAS.

Last amended: 1997Year: 2026Length: 92 wordsSubsections: 4Official source
(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.