| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 87R22033 BRG-D | |
| 2 | 2 | By: Schwertner S.B. No. 2238 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to prices in the wholesale electricity market. | |
| 8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1. Subchapter D, Chapter 39, Utilities Code, is | |
| 10 | 10 | amended by adding Section 39.159 to read as follows: | |
| 11 | 11 | Sec. 39.159. WHOLESALE ENERGY MARKET PRICE CAP. The price | |
| 12 | 12 | of wholesale energy sold in a market operated by the independent | |
| 13 | 13 | organization certified under Section 39.151 for the ERCOT power | |
| 14 | 14 | region may not exceed $3,000 per megawatt hour. | |
| 15 | 15 | SECTION 2. This Act takes effect September 1, 2021. |