LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 22, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB995 by Turner, Chris (Relating to notice of expiration and price change in retail electric service contracts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would establish requirements for retail electric providers to notify customers with fixed price contracts at least 60 days in advance of the contract expiration date regarding the date and amount of any price change and to provide information regarding the Public Utility Commission's (PUC) Power-to-Choose website. The bill would require the PUC to adopt rules to implement these provisions. The PUC anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:473 Public Utility Commission of Texas LBB Staff: JOB, KJG, ES
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 22, 2009
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB995 by Turner, Chris (Relating to notice of expiration and price change in retail electric service contracts.), As Introduced
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB995 by Turner, Chris (Relating to notice of expiration and price change in retail electric service contracts.), As Introduced
Honorable Burt R. Solomons, Chair, House Committee on State Affairs
Honorable Burt R. Solomons, Chair, House Committee on State Affairs
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB995 by Turner, Chris (Relating to notice of expiration and price change in retail electric service contracts.), As Introduced
HB995 by Turner, Chris (Relating to notice of expiration and price change in retail electric service contracts.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would establish requirements for retail electric providers to notify customers with fixed price contracts at least 60 days in advance of the contract expiration date regarding the date and amount of any price change and to provide information regarding the Public Utility Commission's (PUC) Power-to-Choose website. The bill would require the PUC to adopt rules to implement these provisions. The PUC anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
The bill would establish requirements for retail electric providers to notify customers with fixed price contracts at least 60 days in advance of the contract expiration date regarding the date and amount of any price change and to provide information regarding the Public Utility Commission's (PUC) Power-to-Choose website. The bill would require the PUC to adopt rules to implement these provisions.
The PUC anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 473 Public Utility Commission of Texas
473 Public Utility Commission of Texas
LBB Staff: JOB, KJG, ES
JOB, KJG, ES