Texas 2009 - 81st Regular

Texas House Bill HB631

Filed
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the regulation of retail electric providers.

Impact

The introduction of HB631 may significantly impact state laws regarding the regulatory framework of electric providers. By enforcing stricter compliance and reporting protocols, the bill aims to enhance the reliability of retail electric services and ensure that providers are operating in a financially sound manner. This regulation could lead to improved customer confidence, as retail electric providers must adhere to stringent customer protection and disclosure requirements, thus safeguarding consumer interests.

Summary

House Bill 631 seeks to amend the regulation of retail electric providers in Texas by implementing stricter oversight and compliance requirements. The bill mandates that retail electric providers maintain compliance with all applicable certification requirements and customer protection standards as prescribed by the Utilities Code. Additionally, these providers are required to submit an annual report concerning their financial viability to the regulatory commission, allowing for increased transparency and accountability in the retail electric market.

Contention

While the bill intends to fortify consumer protections, it may also face opposition from retail electric providers concerned about the additional bureaucratic burden and potential impact on their operational costs. Some stakeholders might argue that increased regulatory requirements could hinder competition in the retail electricity marketplace, ultimately affecting pricing and consumer choice. The balance between ensuring consumer protection and maintaining a competitive market will likely be a significant point of debate among legislators and industry stakeholders.

Companion Bills

No companion bills found.

Previously Filed As

TX HB3339

Relating to the sale and regulation of alcoholic beverages by certain retailers.

TX SB527

Relating to a rebate of the assessment on the gross receipts of electricity for certain providers of retail electric service.

TX HB4010

Relating to the assessment on the gross receipts of electricity for certain providers of retail electric service.

TX SB1752

Relating to the generation and transmission of electricity.

TX HB3078

Relating to a program to provide assistance for certain retail electric customers.

TX SB853

Relating to electricity service provided by certain municipally owned utilities.

TX HB4209

Relating to electricity service provided by certain municipally owned utilities.

TX HB4789

Relating to the use of school buses and electricity by public schools.

TX SB1942

Relating to the use of school buses and electricity by public schools.

TX SB114

Relating to the provision of electricity service in the ERCOT power region.

Similar Bills

No similar bills found.