This bill amends the Texas Utilities Code to require that lease agreements for wind and solar power facilities include specific provisions related to the recycling and disposal of facility components. It introduces a definition for "Recycle" as the processing of an item to recover a usable product and expands the definitions of "Wind power facility" and "Solar power facility" to include various components and support equipment. The bill mandates that agreements must specify the grantee's responsibilities for collecting, reusing, recycling, or disposing of all components, including hazardous materials, in compliance with applicable laws.
Additionally, the bill stipulates that grantees must provide financial assurance to landowners, ensuring that the costs associated with the removal, recycling, or disposal of facility components are covered. This includes obtaining estimates from independent engineers and maintaining sufficient financial assurance throughout the agreement's term. The provisions apply only to agreements entered into after the bill's effective date of September 1, 2025, while existing agreements will continue to be governed by prior law.
Statutes affected: Introduced: Utilities Code 301.0001, Utilities Code 301.0003, Utilities Code 301.0004, Utilities Code 302.0001, Utilities Code 302.0004, Utilities Code 302.0005 (Utilities Code 301, Utilities Code 302)