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A BILL TO BE ENTITLED
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AN ACT
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relating to the generation of electric power for sale by a water |
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supply or sewer service corporation. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 67, Water Code, is amended |
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by adding Section 67.0115 to read as follows: |
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Sec. 67.0115. ELECTRIC GENERATION. (a) A corporation |
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operating in ERCOT, as defined by Section 31.002, Utilities Code, |
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may register as a power generation company under Section 39.351, |
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Utilities Code. |
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(b) A corporation registered as a power generation company |
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may generate electric power for sale in the ERCOT power region to |
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provide revenue for the corporation. The revenue that accrues from |
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the sale of electric power may be used by the corporation only for: |
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(1) the corporation's costs of producing and selling |
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electric power, including administration, employees, equipment, |
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fuel, and maintenance; or |
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(2) a purpose described by Section 67.002. |
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(c) A corporation that generates electric power for sale |
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shall account for and use the revenue from those sales in a manner |
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that complies with Section 67.004. |
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SECTION 2. This Act takes effect September 1, 2025. |