Bill Text: TX HB4887 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the provision of loans and grants from the Texas energy fund for certain electric generating facilities.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2025-04-03 - Referred to State Affairs [HB4887 Detail]
Download: Texas-2025-HB4887-Introduced.html
| 89R16094 CS-D | ||
| By: Lalani | H.B. No. 4887 | |
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| relating to the provision of loans and grants from the Texas energy | ||
| fund for certain electric generating facilities. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter A, Chapter 34, Utilities Code, is | ||
| amended by adding Section 34.01015 to read as follows: | ||
| Sec. 34.01015. APPLICABILITY. For the purposes of this | ||
| chapter: | ||
| (1) an electric generating facility is considered to | ||
| be dispatchable if the facility's output can be controlled | ||
| primarily by forces under human control; and | ||
| (2) an electric generating facility that uses | ||
| petroleum, natural gas, coal, geothermal energy, hydroelectric | ||
| energy, or nuclear energy as the primary energy source is | ||
| considered to be dispatchable. | ||
| SECTION 2. Section 34.0104(a), Utilities Code, is amended | ||
| to read as follows: | ||
| (a) The commission may use money in the fund without further | ||
| appropriation to provide loans to finance upgrades to existing | ||
| dispatchable electric generating facilities providing power for | ||
| the ERCOT power region that result in a net increase of at least 100 | ||
| megawatts of capacity for each facility or the construction of | ||
| dispatchable electric generating facilities providing power for | ||
| the ERCOT power region that each have a generation capacity of at | ||
| least 100 megawatts. [ |
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| a loan under this section. | ||
| SECTION 3. Section 34.0105(a), Utilities Code, is amended | ||
| to read as follows: | ||
| (a) The commission shall provide, using money available in | ||
| the fund for the purpose without further appropriation, a | ||
| completion bonus grant for the construction of dispatchable | ||
| electric generating facilities in the ERCOT power region. [ |
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| facility is not eligible for a grant under this section. | ||
| SECTION 4. This Act takes effect September 1, 2025. | ||
