Texas Utilities Code 184.033 – Metered Sale Under This Chapter
Terms Used In Texas Utilities Code 184.033
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
- You are late making a payment or commit some other default, triggering an increase to a penalty rate
- The bank changes the terms of your account and you do not reject the change.
- The rate expires (if the rate was fixed for only a certain period of time).
- Year: means 12 consecutive months. See Texas Government Code 311.005
Notwithstanding any provision of Title 2, the metered sale of electricity by a recreational vehicle park owner does not constitute the provision of electric service for compensation if:
(1) the electricity is consumed in a recreational vehicle that is located in a recreational vehicle park;
(2) the owner can show that the owner does not annually recover from recreational vehicle occupants through metered charges more than the supplying utility charges the owner for electricity that is submetered, taking into account fuel refunds;
(3) the owner establishes a fiscal year for the purposes of this subchapter and maintains for at least three years records of:
(A) bills received from the supplying utility;
(B) charges made to recreational vehicle occupants; and
(C) consumption records for each fiscal year;
(4) the owner charges for electricity using a fixed rate per kilowatt hour for each fiscal year computed at the beginning of the fiscal year in the manner provided by Section 184.034; and
(5) the owner complies with the refund requirements of Section 184.035.