Texas House Bill HB69

Texas 2021 - 87th 2nd C.S.

Caption

Relating to energy efficiency goals for electric utilities.

Impact

The legislative changes introduced by HB 69 are expected to alter the operational landscape for electric utilities significantly. By mandating these energy savings goals, the bill aims to create a more energy-efficient framework within which utilities must operate. The Public Utility Commission of Texas will be tasked with establishing rules to help utilities comply with these new goals, which may also include cost caps and provisions for those who cannot meet the goals in a cost-effective manner. This regulation might encourage innovation within the energy sector as utilities devise new strategies and technologies to meet the set standards.

Summary

House Bill 69 seeks to impose new energy efficiency goals on electric utilities in Texas, aimed at enhancing the state's energy savings. The bill adds subsections to the Utilities Code that require electric utilities to achieve specific annual energy savings, starting from one-fourth of one percent in 2022 and progressively increasing to one percent by 2025. This incremental approach allows for a structured path towards improved energy efficiency over the years, promoting sustainability and reduced energy consumption across the state.

Contention

While the bill aims to promote energy efficiency, it may face opposition from utility companies concerned about the financial implications of meeting these new standards. Stakeholders may argue that while the goals are commendable, the associated costs of compliance could lead to higher energy bills for consumers. Additionally, there might be contention regarding the feasibility of achieving these incremental goals, especially for smaller utilities with less financial flexibility. As such, discussions surrounding the provisions for exceptions and cost caps may become crucial in the legislative process.