87R22033 BRG-D
 
  By: Schwertner S.B. No. 2238
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to prices in the wholesale electricity market.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter D, Chapter 39, Utilities Code, is
  amended by adding Section 39.159 to read as follows:
         Sec. 39.159.  WHOLESALE ENERGY MARKET PRICE CAP. The price
  of wholesale energy sold in a market operated by the independent
  organization certified under Section 39.151 for the ERCOT power
  region may not exceed $3,000 per megawatt hour.
         SECTION 2.  This Act takes effect September 1, 2021.