|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to the establishment of rates for certain non-ERCOT |
|
utilities. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 36.112(g), Utilities Code, is amended to |
|
read as follows: |
|
(g) This section expires September 1, 2031 [2023]. |
|
SECTION 2. Section 36.211(f), Utilities Code, is amended to |
|
read as follows: |
|
(f) This section expires September 1, 2031 [2023]. |
|
SECTION 3. Section 36.212(g), Utilities Code, is amended to |
|
read as follows: |
|
(g) This section expires September 1, 2031 [2023]. |
|
SECTION 4. Subchapter E, Chapter 36, Utilities Code, is |
|
amended by adding Section 36.213 to read as follows: |
|
Sec. 36.213. RECOVERY OF GENERATION INVESTMENT BY NON-ERCOT |
|
UTILITIES. (a) This section applies only to an electric utility |
|
that operates solely outside of ERCOT. |
|
(b) To encourage generation investment, an electric utility |
|
may file, and the commission may approve, an application for a rider |
|
to recover the electric utility's reasonable and necessary power |
|
generation investment and costs associated with that investment. |
|
(c) To enable full and timely recovery, an application under |
|
Subsection (b) may be filed by the electric utility and approved by |
|
the commission before the electric utility places the power |
|
generation investment in service. |
|
(d) Any rider approved under Subsection (b) shall take |
|
effect on the date the power generation investment begins providing |
|
service to the electric utility's customers. |
|
(e) If a rider approved under Subsection (b) includes |
|
incremental generation investment greater than $200 million on a |
|
Texas jurisdictional basis, the electric utility that filed the |
|
rider shall initiate a comprehensive base rate proceeding at the |
|
commission not later than eighteen months after the date the rider |
|
takes effect. |
|
(f) A rider approved under Subsection (b) shall account for |
|
changes in the number of an electric utility's customers and the |
|
effects, on a weather-normalized basis, that energy consumption and |
|
energy demand have on the amount of revenue recovered through the |
|
electric utility's base rates. |
|
(g) The commission shall adopt rules as necessary to |
|
implement this section. |
|
SECTION 5. Not later than September 1, 2020, the Public |
|
Utility Commission of Texas shall adopt rules required by Section |
|
36.213(g), Utilities Code, as added by this Act. |
|
SECTION 6. This Act takes effect immediately if it receives |
|
a vote of two-thirds of all the members elected to each house, as |
|
provided by Section 39, Article III, Texas Constitution. If this |
|
Act does not receive the vote necessary for immediate effect, this |
|
Act takes effect September 1, 2019. |