1 | 1 | | 89R13089 JXC-F |
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2 | 2 | | By: Raymond H.B. No. 3896 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to the generation of electric power for sale by a water |
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10 | 10 | | supply or sewer service corporation. |
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11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 12 | | SECTION 1. Subchapter A, Chapter 67, Water Code, is amended |
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13 | 13 | | by adding Section 67.0115 to read as follows: |
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14 | 14 | | Sec. 67.0115. ELECTRIC GENERATION. (a) A corporation |
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15 | 15 | | operating in ERCOT, as defined by Section 31.002, Utilities Code, |
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16 | 16 | | may register as a power generation company under Section 39.351, |
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17 | 17 | | Utilities Code. |
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18 | 18 | | (b) A corporation registered as a power generation company |
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19 | 19 | | may generate electric power for sale in the ERCOT power region to |
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20 | 20 | | provide revenue for the corporation. The revenue that accrues from |
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21 | 21 | | the sale of electric power may be used by the corporation only for: |
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22 | 22 | | (1) the corporation's costs of producing and selling |
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23 | 23 | | electric power, including administration, employees, equipment, |
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24 | 24 | | fuel, and maintenance; or |
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25 | 25 | | (2) a purpose described by Section 67.002. |
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26 | 26 | | (c) A corporation that generates electric power for sale |
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27 | 27 | | shall account for and use the revenue from those sales in a manner |
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28 | 28 | | that complies with Section 67.004. |
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29 | 29 | | SECTION 2. This Act takes effect September 1, 2025. |
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