LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 26, 2013 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2026 by Sanford (Relating to the legislature's goals for renewable electric generating capacity.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Utilities Code to repeal Section 39.904, relating to renewable energy goals, and Section 39.916(g), relating to ownership of renewable energy credits by distributed renewable generation owners. The bill would terminate the renewable energy credits trading program and would remove the oversight of the registration of renewable power facilities from the Public Utility Commission (PUC). The bill would also repeal two biennial reports the PUC is required to produce related to the status of the transmission system and competitive renewable energy zones. Based on information provided by the PUC, implementing the provisions of the bill would result in a reduction in oversight and reporting requirements for the PUC. This analysis, however, assumes that any savings realized because of reduced oversight and reporting requirements would not be significant. Local Government Impact Municipally owned electric utilities would no longer be required to purchase renewable energy credits under the proposed bill; however savings to municipalities are not anticipated to be significant. Source Agencies:473 Public Utility Commission of Texas LBB Staff: UP, AG, ED, KKR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 26, 2013
TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2026 by Sanford (Relating to the legislature's goals for renewable electric generating capacity.), As Introduced
TO: Honorable Byron Cook, Chair, House Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2026 by Sanford (Relating to the legislature's goals for renewable electric generating capacity.), As Introduced
Honorable Byron Cook, Chair, House Committee on State Affairs
Honorable Byron Cook, Chair, House Committee on State Affairs
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2026 by Sanford (Relating to the legislature's goals for renewable electric generating capacity.), As Introduced
HB2026 by Sanford (Relating to the legislature's goals for renewable electric generating capacity.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Utilities Code to repeal Section 39.904, relating to renewable energy goals, and Section 39.916(g), relating to ownership of renewable energy credits by distributed renewable generation owners. The bill would terminate the renewable energy credits trading program and would remove the oversight of the registration of renewable power facilities from the Public Utility Commission (PUC). The bill would also repeal two biennial reports the PUC is required to produce related to the status of the transmission system and competitive renewable energy zones. Based on information provided by the PUC, implementing the provisions of the bill would result in a reduction in oversight and reporting requirements for the PUC. This analysis, however, assumes that any savings realized because of reduced oversight and reporting requirements would not be significant.
The bill would amend the Utilities Code to repeal Section 39.904, relating to renewable energy goals, and Section 39.916(g), relating to ownership of renewable energy credits by distributed renewable generation owners. The bill would terminate the renewable energy credits trading program and would remove the oversight of the registration of renewable power facilities from the Public Utility Commission (PUC). The bill would also repeal two biennial reports the PUC is required to produce related to the status of the transmission system and competitive renewable energy zones.
Based on information provided by the PUC, implementing the provisions of the bill would result in a reduction in oversight and reporting requirements for the PUC. This analysis, however, assumes that any savings realized because of reduced oversight and reporting requirements would not be significant.
Local Government Impact
Municipally owned electric utilities would no longer be required to purchase renewable energy credits under the proposed bill; however savings to municipalities are not anticipated to be significant.
Source Agencies: 473 Public Utility Commission of Texas
473 Public Utility Commission of Texas
LBB Staff: UP, AG, ED, KKR
UP, AG, ED, KKR