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A BILL TO BE ENTITLED
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AN ACT
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relating to the approval of a certificate of convenience and |
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necessity for certain transmission projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 37.056(d), Utilities Code, is amended to |
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read as follows: |
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(d) The commission by rule shall establish criteria, in |
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addition to the criteria described by Subsection (c), for granting |
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a certificate for a transmission project that serves the ERCOT |
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power region and that is not necessary to meet state or federal |
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reliability standards. The criteria must include a comparison over |
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a period of not less than 10 years of the estimated cost of the |
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transmission project for consumers and the estimated congestion |
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cost savings for consumers that may result from the transmission |
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project, considering both current and future expected congestion |
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levels and the transmission project's ability to reduce those |
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congestion levels. The criteria must apply a three percent |
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discount rate to the quantified value of the congestion cost |
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savings after the fifth year of the comparison period. The |
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commission shall include with its decision on an application for a |
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certificate to which this subsection applies findings on the |
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criteria. |
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SECTION 2. The changes in law made by this Act apply only to |
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a proceeding affecting a certificate of public convenience and |
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necessity that commences on or after the effective date of this Act. |
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A proceeding affecting a certificate of public convenience and |
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necessity that commenced before the effective date of this Act is |
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governed by the law in effect on the date the proceeding is |
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commenced, and that law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2025. |