Bill Text: TX SB258 | 2023-2024 | 88th Legislature | Engrossed
Bill Title: Relating to energy efficiency goals for electric utilities.
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Engrossed - Dead) 2023-05-17 - Left pending in committee [SB258 Detail]
Download: Texas-2023-SB258-Engrossed.html
By: Eckhardt, et al. | S.B. No. 258 |
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relating to energy efficiency goals for electric utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 39.905, Utilities Code, is amended by | ||
adding Subsection (a-1) to read as follows: | ||
(a-1) In addition to meeting the demand goals provided by | ||
Subsection (a), the commission by rule shall provide a method to | ||
establish an annual energy savings goal of one percent not later | ||
than the 2030 calendar year for each electric utility. The method | ||
must be based on the existing and expected usage of electricity | ||
delivered in a utility's service area that is required to pay the | ||
annual energy efficiency cost recovery fee. In adopting rules, the | ||
commission may provide for cost caps for the implementation of this | ||
subsection and provide good cause exceptions for a utility that is | ||
unable to meet the goal in a cost-effective manner. | ||
SECTION 2. The Public Utility Commission of Texas shall | ||
adopt rules to implement the changes made by this Act to Section | ||
39.905, Utilities Code, not later than December 31, 2023. | ||
SECTION 3. This Act takes effect September 1, 2023. |