Bill Text: TX SB661 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the establishment of rates for certain non-ERCOT utilities.
Spectrum: Partisan Bill (Republican 5-0)
Status: (Introduced - Dead) 2019-04-16 - Co-author authorized [SB661 Detail]
Download: Texas-2019-SB661-Introduced.html
86R7469 BRG-F | ||
By: Nichols | S.B. No. 661 |
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relating to the establishment of rates for certain non-ERCOT | ||
utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 36.112(g), Utilities Code, is amended to | ||
read as follows: | ||
(g) This section expires September 1, 2031 [ |
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SECTION 2. Section 36.211(f), Utilities Code, is amended to | ||
read as follows: | ||
(f) This section expires September 1, 2031 [ |
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SECTION 3. Section 36.212(g), Utilities Code, is amended to | ||
read as follows: | ||
(g) This section expires September 1, 2031 [ |
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SECTION 4. Subchapter E, Chapter 36, Utilities Code, is | ||
amended by adding Section 36.213 to read as follows: | ||
Sec. 36.213. RECOVERY OF GENERATION INVESTMENT BY NON-ERCOT | ||
UTILITIES. (a) This section applies only to an electric utility | ||
that operates solely outside of ERCOT. | ||
(b) To encourage generation investment, an electric utility | ||
may file, and the commission may approve, an application for a rider | ||
to recover the electric utility's reasonable and necessary power | ||
generation investment and costs associated with that investment. | ||
(c) To enable full and timely recovery, an application under | ||
Subsection (b) may be filed by the electric utility and approved by | ||
the commission before the electric utility places the power | ||
generation investment in service. | ||
(d) Any rider approved under Subsection (b) shall take | ||
effect on the date the power generation investment begins providing | ||
service to the electric utility's customers. | ||
(e) A rider approved under Subsection (b) shall account for | ||
changes in the number of an electric utility's customers and the | ||
effects, on a weather-normalized basis, that energy consumption and | ||
energy demand have on the amount of revenue recovered through the | ||
electric utility's base rates. | ||
(f) The commission shall adopt rules as necessary to | ||
implement this section. | ||
SECTION 5. Not later than September 1, 2020, the Public | ||
Utility Commission of Texas shall adopt rules required by Section | ||
36.213(f), Utilities Code, as added by this Act. | ||
SECTION 6. 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, 2019. |