By: Schwertner S.B. No. 1094
(In the Senate - Filed February 22, 2023; March 9, 2023,
read first time and referred to Committee on Business & Commerce;
April 18, 2023, reported adversely, with favorable Committee
Substitute by the following vote: Yeas 9, Nays 0; April 18, 2023,
sent to printer.)
Click here to see the committee vote
COMMITTEE SUBSTITUTE FOR S.B. No. 1094 By: Schwertner
A BILL TO BE ENTITLED
AN ACT
relating to purchased power costs incurred by electric utilities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 36.205, Utilities Code, is amended by
adding Subsection (e) to read as follows:
(e) Notwithstanding Subsection (a), an electric utility may
apply to the commission for review and approval of an agreement
between the electric utility and another person for the purchase of
power by the electric utility if approval by the commission is a
pre-condition to the effectiveness of the electric utility's right
or obligation to purchase power under the agreement. This
subsection applies only to an agreement with a term of three years
or more. The commission by rule shall implement this subsection
consistent with the standards and procedures in the commission's
rules governing contested cases on certificates of convenience and
necessity for generating facilities adopted under Sections 37.056
and 37.058. This subsection expires September 1, 2033.
SECTION 2. This Act takes effect September 1, 2023.
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