TO: | Honorable Rodney Ellis, Chair, Senate Committee on Government Organization |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB408 by Nelson (Relating to the continuation and functions of the Public Utility Commission of Texas.), Committee Report 1st House, Substituted |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | $0 |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable Savings/(Cost) from System Benefit Account 5100 |
---|---|
2006 | $500,000 |
2007 | $500,000 |
2008 | $500,000 |
2009 | $500,000 |
2010 | $500,000 |
The bill would continue the Public Utility Commission (PUC) until September 1, 2011.
The bill would require the Electric Reliability Council of Texas (ERCOT) to perform wholesale market monitoring through a contract with a private company selected by the PUC.
The bill would expand the use of the System Benefit Account No. 5100 to include the one-time assistance of needy patients on life support or with serious health problems who are threatened with disconnection for nonpayment of electric utility bills.
The bill would take effect September 1, 2005.
It is anticipated that requiring the Electric Reliability Council of Texas to perform wholesale maket monitoring through a contract with a private company selected by the Public Utility Commission (PUC) would eliminate the need for the PUC to contract with a private company to perform wholesale maket monitoring at a rate of $1.5 million each fiscal year from the General Revenue - Dedicated System Benefit Account No. 5100, which is appropriated in the current General Appropriations Act.
PUC indicates that an estimated 5,000 customers per year would be eligible for one-time assistance of needy patients who are threatened with disconnection for nonpayment of electric utility bills. Based on information provided by the agency, it is anticipated that the average payment would be approximately $200, resulting in payments of $1 million each fiscal year.
PUC indicates that all other costs associated with the bill could be absorbed within existing resources.
Source Agencies: | 116 Sunset Advisory Commission, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel, 529 Health and Human Services Commission
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LBB Staff: | JOB, LB, MW, RB
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