Bill Text: TX SB1282 | 2021-2022 | 87th Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to cost recovery for costs arising from the interconnection of certain electric generation facilities with the ERCOT transmission system.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Engrossed - Dead) 2021-05-25 - Postponed 7/4/21 10:00 AM [SB1282 Detail]

Download: Texas-2021-SB1282-Introduced.html
  87R10952 JXC-F
 
  By: Hancock S.B. No. 1282
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to cost recovery for costs arising from the
  interconnection of certain electric generation facilities with the
  ERCOT transmission system.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 35.004, Utilities Code, is amended by
  amending Subsection (d) and adding Subsection (d-1) to read as
  follows:
         (d)  The commission shall price wholesale transmission
  services within ERCOT based on the postage stamp method of pricing
  under which a transmission-owning utility's rate is based on the
  ERCOT utilities' combined annual costs of transmission, other than
  costs described in Subsection (d-1), divided by the total demand
  placed on the combined transmission systems of all such
  transmission-owning utilities within a power region. An electric
  utility subject to the freeze period imposed by Section 39.052 may
  treat transmission costs in excess of transmission revenues during
  the freeze period as an expense for purposes of determining annual
  costs in the annual report filed under Section 39.257.
  Notwithstanding Section 36.201, the commission may approve
  wholesale rates that may be periodically adjusted to ensure timely
  recovery of transmission investment. Notwithstanding Section
  36.054(a), if the commission determines that conditions warrant the
  action, the commission may authorize the inclusion of construction
  work in progress in the rate base for transmission investment
  required by the commission under Section 39.203(e).
         (d-1)  Capital costs incurred to interconnect with the ERCOT
  transmission system generation resources and electric energy
  storage resources described by Section 35.152(a), including costs
  of utility interconnection facilities and all necessary system
  upgrades, must be directly assigned by the ERCOT independent system
  operator to the generation resource or electric energy storage
  resource receiving interconnection service through the facilities.
         SECTION 2.  This Act takes effect September 1, 2021.
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