Bill Text: TX SB1094 | 2023-2024 | 88th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to purchased power costs incurred by electric utilities.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2023-06-18 - Effective on 9/1/23 [SB1094 Detail]
Download: Texas-2023-SB1094-Comm_Sub.html
Bill Title: Relating to purchased power costs incurred by electric utilities.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2023-06-18 - Effective on 9/1/23 [SB1094 Detail]
Download: Texas-2023-SB1094-Comm_Sub.html
By: Schwertner | S.B. No. 1094 | |
(Price) | ||
|
||
|
||
relating to purchased power costs incurred by electric utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 36.205, Utilities Code, is amended by | ||
adding Subsection (e) to read as follows: | ||
(e) Notwithstanding Subsection (a), an electric utility may | ||
apply to the commission for review and approval of an agreement | ||
between the electric utility and another person for the purchase of | ||
power by the electric utility if approval by the commission is a | ||
pre-condition to the effectiveness of the electric utility's right | ||
or obligation to purchase power under the agreement. This | ||
subsection applies only to an agreement with a term of three years | ||
or more. The commission by rule shall implement this subsection | ||
consistent with the standards and procedures in the commission's | ||
rules governing contested cases on certificates of convenience and | ||
necessity for generating facilities adopted under Sections 37.056 | ||
and 37.058. This subsection expires September 1, 2033. | ||
SECTION 2. This Act takes effect September 1, 2023. |