Texas § 123.023 CONTRACT FOR NATURAL GAS.

Texas Statutes

§ 123.023 — CONTRACT FOR NATURAL GAS.

Texas § 123.023

Code UTUtilities Code

This text of Texas § 123.023 (CONTRACT FOR NATURAL GAS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Utilities Code Code Ann. § 123.023 (2026).

Text

Sec. 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.

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Sec. 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.