| TO: | Honorable Jim Keffer, Chair, House Committee on Energy Resources |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB4309 by Crownover (Relating to the use of grants or loans by an electric utility or transmission and distribution utility deploying advanced metering technology for use with renewable energy.), Committee Report 1st House, Substituted |
The bill would require to the extent practicable an electric utility or transmission and distribution utility that deploys advanced metering and meter information networks, or an electric utility, transmission and distribution utility, or river authority designated by the Public Utility Commission to construct transmission capacity, to obtain and utilize funds, including grants, loans, and loan guarantees, made available by the federal government, to lower costs of deployment or construction. The bill would require the Public Utility Commission to reflect the funds obtained when establishing a surcharge or modifying rates. The bill would authorize the PUC to reduce the amount of a surcharge or propose a rate reduction.
Based on the analysis of the Public Utility Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
| Source Agencies: | 473 Public Utility Commission of Texas
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| LBB Staff: | JOB, SZ, ES, SD
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