83R9618 JXC-D
By: King of Taylor H.B. No. 3166
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the Public Utility Commission of Texas
to implement a temporary price cap in certain situations.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 39, Utilities Code, is
amended by adding Section 39.1571 to read as follows:
Sec. 39.1571. COMMISSION AUTHORITY DURING EXTREME
CONGESTION EVENT. The commission by rule shall establish:
(1) a method to implement a temporary shadow price cap
of $500 per megawatt to prevent retail customers from absorbing
unusually high congestion charges during an extreme congestion
event;
(2) criteria to define an "extreme congestion event";
and
(3) a method to determine what unusually high
congestion charges are.
SECTION 2. This Act takes effect September 1, 2013.