LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 22, 2013 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3166 by King, Susan (Relating to the authority of the Public Utility Commission of Texas to implement a temporary price cap in certain situations.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Utilities Code to require the Public Utility Commission (PUC) to establish by rule a method to implement a temporary shadow price cap of $500 per megawatt to prevent retail electric customers from absorbing unusually high congestion charges during a high congestion event. The bill would require the PUC to establish by rule criteria to define what circumstances qualify as extreme congestion events and what payment amounts qualify as unusually high congestion charges. Based on information provided by the PUC, duties and responsibilities associated with implementing the provisions of the bill could be accomplished utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:473 Public Utility Commission of Texas LBB Staff: UP, AG, ED
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 22, 2013
TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3166 by King, Susan (Relating to the authority of the Public Utility Commission of Texas to implement a temporary price cap in certain situations.), As Introduced
TO: Honorable Byron Cook, Chair, House Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3166 by King, Susan (Relating to the authority of the Public Utility Commission of Texas to implement a temporary price cap in certain situations.), 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
HB3166 by King, Susan (Relating to the authority of the Public Utility Commission of Texas to implement a temporary price cap in certain situations.), As Introduced
HB3166 by King, Susan (Relating to the authority of the Public Utility Commission of Texas to implement a temporary price cap in certain situations.), 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 require the Public Utility Commission (PUC) to establish by rule a method to implement a temporary shadow price cap of $500 per megawatt to prevent retail electric customers from absorbing unusually high congestion charges during a high congestion event. The bill would require the PUC to establish by rule criteria to define what circumstances qualify as extreme congestion events and what payment amounts qualify as unusually high congestion charges. Based on information provided by the PUC, duties and responsibilities associated with implementing the provisions of the bill could be accomplished utilizing existing resources.
The bill would amend the Utilities Code to require the Public Utility Commission (PUC) to establish by rule a method to implement a temporary shadow price cap of $500 per megawatt to prevent retail electric customers from absorbing unusually high congestion charges during a high congestion event. The bill would require the PUC to establish by rule criteria to define what circumstances qualify as extreme congestion events and what payment amounts qualify as unusually high congestion charges.
Based on information provided by the PUC, duties and responsibilities associated with implementing the provisions of the bill could be accomplished utilizing existing resources.
Local Government Impact
No 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: UP, AG, ED
UP, AG, ED