| TO: | Honorable Jim Keffer, Chair, House Committee on Energy Resources |
| FROM: | John S O'Brien, Director, Legislative Budget Board |
| IN RE: | SB1434 by Carona (Relating to certain low-income weatherization programs.), As Engrossed |
The bill would amend the utilities code to require the Public Utility Commission (PUC) to ensure that annual expenditures for the targeted low-income energy efficiency programs of each unbundled transmission and distribution utility are not less than 10 percent of the transmission and distribution utility’s energy efficiency budget for the year. The PUC would be required to make findings of fact regarding whether the utility meets the requirements imposed under Section 39.905(f) of the Utilities Code in a proceeding to set a cost-recovery factor for energy efficiency. The bill would also require the Commission to participate in such a proceeding to ensure that the targeted low-income energy efficiency program are consistent with federal standards and funded as required in this section.
Based on the analysis of the Public Utility Commission, it is assumed that 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, AG, RAN
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