LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 26, 2013 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), 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) by rule to require an investor-owned utility that was not affiliated with the Electric Reliability Council of Texas (ERCOT) and was operating solely outside of ERCOT in areas of Texas that were included in the Western Electricity Coordinating Council on January 1, 2013, to satisfy at least 50 percent of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas service area. 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, RB, ED LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 26, 2013 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), As Introduced TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), As Introduced Honorable John Carona, Chair, Senate Committee on Business & Commerce Honorable John Carona, Chair, Senate Committee on Business & Commerce Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), As Introduced SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), 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) by rule to require an investor-owned utility that was not affiliated with the Electric Reliability Council of Texas (ERCOT) and was operating solely outside of ERCOT in areas of Texas that were included in the Western Electricity Coordinating Council on January 1, 2013, to satisfy at least 50 percent of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas service area. 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) by rule to require an investor-owned utility that was not affiliated with the Electric Reliability Council of Texas (ERCOT) and was operating solely outside of ERCOT in areas of Texas that were included in the Western Electricity Coordinating Council on January 1, 2013, to satisfy at least 50 percent of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas service area. 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, RB, ED UP, RB, ED