Honorable Dennis Bonnen, Speaker of the House, House of Representatives
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB1397 by Phelan (Relating to the establishment of rates for certain non-ERCOT utilities.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would authorize an electric utility operating outside of ERCOT to file an application for recovery of generation-related costs through a rate rider.
The Public Utility Commission anticipates that any work resulting from the bill would be absorbed within existing resources.
The bill would take immediate effect if it receives a vote of two-thirds of all members elected to each house. If it does not, it would take effect September 1, 2019.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel