Bill Text: TX HB2327 | 2015-2016 | 84th Legislature | Comm Sub
Bill Title: Relating to a studies on the rates of electric utilities.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2015-04-30 - Laid on the table subject to call [HB2327 Detail]
Download: Texas-2015-HB2327-Comm_Sub.html
84R15721 DDT-F | |||
By: Thompson of Harris, Harless, Murphy, | H.B. No. 2327 | ||
Oliveira, King of Parker | |||
Substitute the following for H.B. No. 2327: | |||
By: Giddings | C.S.H.B. No. 2327 |
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relating to studies on the rates of electric utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 36.210, Utilities Code, is amended by | ||
amending Subsections (h) and (i) and adding Subsection (h-1) to | ||
read as follows: | ||
(h) The commission shall undertake a study and conduct a | ||
report analyzing any periodic rate adjustment established under | ||
this section. The study shall be available for the legislature's | ||
review by January 31, 2019 [ |
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properly be informed as to the need to continue the commission's | ||
authority to allow periodic rate adjustments. The report shall | ||
contain but shall not be limited to: | ||
(1) an analysis of all periodic rate adjustments | ||
approved by the commission; | ||
(2) an analysis of the amounts in real dollars and | ||
percentages of the approved amounts by the commission and the | ||
effects on all classes of ratepayers; | ||
(3) the costs savings, if any, realized by all parties | ||
by utilizing periodic rate adjustment as opposed to ratemaking | ||
proceedings; | ||
(4) an analysis on distribution costs included in | ||
periodic rate adjustments, and their appropriateness for inclusion | ||
in periodic rate adjustments; and | ||
(5) an analysis submitted by the office on the effects | ||
of periodic rate adjustments. | ||
(h-1) The commission shall conduct a study and make a report | ||
analyzing alternative ratemaking mechanisms adopted by other | ||
states and shall make recommendations regarding appropriate | ||
reforms to the ratemaking process in this state. The commission | ||
shall include in the report an analysis that demonstrates how the | ||
commission's recommended reforms would improve the efficiency and | ||
effectiveness of the oversight of electric utilities and ensure | ||
that electric rates are just and reasonable, as required by this | ||
chapter. The commission may retain an independent consultant, at | ||
the expense of electric utilities, to conduct the study. The | ||
commission shall provide the report to the legislature not later | ||
than January 15, 2017. | ||
(i) This section expires September [ |
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SECTION 2. This Act takes effect September 1, 2015. |