By Hirschi H.B. No. 2754 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to electric utility integrated resource planning under the 1-3 oversight of the Texas Public Utility Commission, and the 1-4 establishment of targets and timelines for the development of 1-5 renewable energy as a source of power, and the foundation of a 1-6 sustainment energy industry in Texas. 1-7 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-8 SECTION 1. The Public Utility Regulatory Act, Article 1446c, 1-9 Vernon's Texas Civil Statutes, is amended by adding Section 16A as 1-10 follows: 1-11 Section 16A. RENEWABLE ENERGY DEVELOPMENT PLAN. (a) The 1-12 commission, by rule shall develop an integrated resource planning 1-13 process to assure that Texas utilities develop overall power 1-14 generation, distribution and service plans which minimize future 1-15 risk of fluctuations in fuel price and availability, reduce 1-16 environmental costs for which no dollar costs are assigned, and 1-17 provide the least-cost, long-term costs to utility ratepayers well 1-18 into the next century. 1-19 (b) The commission shall adopt and periodically update a 1-20 statewide integrated resource plan. 1-21 (c) The statewide plan shall include, among other things, a 1-22 description of how the state's utilities shall develop renewable 1-23 energy technologies as a part of the mix of technologies relied 2-1 upon for generating power in Texas, so that, by the year 2003, at 2-2 least two percent (2%) of the state's electric power generation 2-3 shall come from such technologies, whether in central or 2-4 distributed applications, whether owned by utilities, their 2-5 customers, or third parties. 2-6 (d) Each electric generating utility in this state, 2-7 including a municipally owned utility and a river authority or 2-8 generating electric cooperative, shall prepare and file with the 2-9 commission, in the form and at the time required by the commission, 2-10 an individual integrated resource plan that includes at least a 20 2-11 year forecast for assessments of load and resources for the 2-12 utility's service area. 2-13 (e) The plan required under this section shall include a 2-14 specific business plan, detailing how the utility, through 2-15 targeted, competitive solicitations will acquire that portion of 2-16 their new generating capacity that will come from renewable energy 2-17 technologies, according to the statewide renewable energy 2-18 development plan of the commission, and its timeliness. 2-19 SECTION 2. The importance of this legislation and the 2-20 crowded condition of the calendars in both houses create an 2-21 emergency and an imperative public necessity that the 2-22 constitutional rule requiring bills to be read on three several 2-23 days in each house be suspended, and this rule is hereby suspended, 2-24 and this Act take effect and be in force from and after its 2-25 passage, and it is so enacted.