LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 30, 2013

TO:	Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend the Utilities Code to require the Public Utility Commission (PUC) by rule to require an investor-owned utility that was not affiliated with the Electric Reliability Council of Texas (ERCOT) and was operating solely outside of ERCOT in areas of Texas that were included in the Western Electricity Coordinating Council on January 1, 2013, to satisfy certain percentages of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas or New Mexico service area, subject to certain conditions set forth in the bill.

Based on information provided by the PUC, duties and responsibilities associated with implementing the provisions of the bill could be accomplished utilizing existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

473 Public Utility Commission of Texas

LBB Staff:

UP, RB, ED