| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to a study on periodic rate adjustment by electric |
|
|
utilities. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 36.210, Utilities Code, is amended by |
|
|
amending Subsections (h) and (i) to read as follows: |
|
|
(h) The commission shall undertake a study and conduct a |
|
|
report analyzing any periodic rate adjustment established under |
|
|
this section. The study shall be available for the legislature's |
|
|
review by January 31, 2019 [2017], so that the legislature may |
|
|
properly be informed as to the need to continue the commission's |
|
|
authority to allow periodic rate adjustments. The report shall |
|
|
contain but shall not be limited to: |
|
|
(1) an analysis of all periodic rate adjustments |
|
|
approved by the commission; |
|
|
(2) an analysis of the amounts in real dollars and |
|
|
percentages of the approved amounts by the commission and the |
|
|
effects on all classes of ratepayers; |
|
|
(3) the costs savings, if any, realized by all parties |
|
|
by utilizing periodic rate adjustment as opposed to ratemaking |
|
|
proceedings; |
|
|
(4) an analysis on distribution costs included in |
|
|
periodic rate adjustments, and their appropriateness for inclusion |
|
|
in periodic rate adjustments; [and] |
|
|
(5) an analysis submitted by the office on the effects |
|
|
of periodic rate adjustments; and |
|
|
(6) an analysis of alternative ratemaking mechanisms |
|
|
adopted by other states and recommendations regarding appropriate |
|
|
reforms to the ratemaking process in this state to provide |
|
|
efficient and adequate oversight of electric utilities. |
|
|
(i) This section expires September [January] 1, 2019 |
|
|
[2017]. |
|
|
SECTION 2. This Act takes effect September 1, 2015. |