Bill Text: TX HB303 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to this state's goal for renewable energy.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Introduced - Dead) 2013-02-11 - Referred to State Affairs [HB303 Detail]
Download: Texas-2013-HB303-Introduced.html
| 83R2186 DDT-D | ||
| By: Rodriguez of Travis | H.B. No. 303 | |
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| relating to this state's goal for renewable energy. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Sections 39.904(a) and (o), Utilities Code, are | ||
| amended to read as follows: | ||
| (a) It is the intent of the legislature that by January 1, | ||
| 2020, at least 35 percent of the generating capacity in this state | ||
| will be from renewable energy technologies, with at least 2 percent | ||
| of the generating capacity in this state from solar energy | ||
| technologies [ |
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| (o) The commission may establish an alternative compliance | ||
| payment. An entity that has a renewable energy purchase | ||
| requirement under this section may elect to pay the alternative | ||
| compliance payment instead of applying renewable energy credits | ||
| toward the satisfaction of the entity's obligation under this | ||
| section. [ |
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| consider: | ||
| (1) the effect of renewable energy credit prices on | ||
| retail competition; | ||
| (2) the effect of renewable energy credit prices on | ||
| electric rates; | ||
| (3) the effect of the alternative compliance payment | ||
| level on the renewable energy credit market; and | ||
| (4) any other factors necessary to ensure the | ||
| continued development of the renewable energy industry in this | ||
| state while protecting ratepayers from unnecessary rate increases. | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2013. | ||
