Tex. Util. Code § 39.3555 · Subchapter H. CERTIFICATION AND REGISTRATION; PENALTIES
REGISTRATION OF BROKERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "brokerage services" means providing advice or procurement services to, or acting on behalf of, a retail electric customer regarding the selection of a retail electric provider, or a product or service offered by a retail electric provider.
(b) A person may not provide brokerage services, including brokerage services offered online, in this state for compensation or other consideration unless the person is registered with the commission as a broker.
(c) A retail electric provider may not register as a broker. A broker may not sell or take title to electric energy.
(d) A retail electric provider may not knowingly provide bids or offers to a person who:
(1) provides brokerage services in this state for compensation or other consideration; and
(2) has not registered as a broker with the commission.
(e) A person who registers under this section shall comply with customer protection provisions, disclosure requirements, and marketing guidelines established by the commission and by this chapter and Chapter 17.
(f) The commission shall adopt rules as necessary to implement this section.
(g) The commission shall process a person's application for registration as a broker not later than the 60th day after the date the person files the application.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 1373 (S.B. 1497), Sec. 1, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.39.htm
- Text hash
- sha256 daa9c1726993d8a96bd98315b1941490bc6901d54bb1288faad5c1dfb3412e21
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.