Texas Utilities Code 34.0205 – Grants and Loans
Current as of: 2024 | Check for updates
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(a) The commission by rule may establish procedures for the application for and award of a grant or loan under this subchapter.
(b) The amount of a grant provided under this subchapter may not exceed $500 per kilowatt of capacity.
Terms Used In Texas Utilities Code 34.0205
- Rule: includes regulation. See Texas Government Code 311.005
(c) The commission may provide a loan under this subchapter for procurement and operating costs.
(d) The commission shall maintain and publish a list of approved vendors eligible to assist with the sale, installation, operation, and ongoing maintenance of Texas backup power packages.
(e) The commission may not provide a grant or loan under this subchapter for:
(1) a commercial energy system, a private school, or a for-profit entity that does not directly serve public safety and human health; or
(2) a source of backup power that does not follow the design and use standards of a Texas backup power package.