Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
SB661 by Nichols (Relating to the establishment of rates for certain non-ERCOT utilities.), As Introduced
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:
475 Office of Public Utility Counsel, 473 Public Utility Commission of Texas