LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 30, 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.), Committee Report 1st House, Substituted 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 certain percentages of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas or New Mexico service area, subject to certain conditions set forth in the bill. 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 30, 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.), Committee Report 1st House, Substituted
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.), Committee Report 1st House, Substituted
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.), Committee Report 1st House, Substituted
SB1478 by Rodríguez (Relating to the satisfaction of annual renewable energy requirements by certain utilities.), Committee Report 1st House, Substituted
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 certain percentages of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas or New Mexico service area, subject to certain conditions set forth in the bill. 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 certain percentages of annual renewable energy requirements through capacity or purchases of renewable energy credits that are physically metered and verified in the utility's Texas or New Mexico service area, subject to certain conditions set forth in the bill.
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