Amend CSSB 3 (house committee printing) by adding the following appropriately numbered SECTION to the bill and renumbering subsequent SECTIONS of the bill accordingly:
SECTION ____. (a) Not later than January 15, 2023, the Public Utility Commission of Texas shall provide to the legislature a cost benefit analysis of achieving an annual energy savings goal for residential and commercial service, including any energy savings achieved under Section 39.905, Utilities Code, according to the following timeline:
(1) 1 percent energy savings by 2026;
(2) 1.5 percent energy savings by 2028; and
(3) 2 percent energy savings by 2030.
(b) The cost benefit analysis required by Subsection (a) of this section must include an analysis of the net impact of efficiency programs to ratepayers, including the cost of administering the programs and the savings achieved through potential reductions in demand for additional buildout of new generation, transmission, and ancillary services, including emergency response.