Bill Amendment: TX SB1015 | 2023-2024 | 88th Legislature

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Relating to periodic rate adjustments by electric utilities.

Status: 2023-06-18 - Effective immediately [SB1015 Detail]

Download: Texas-2023-SB1015-Senate_Amendment_S_2_F1-King.html

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Amend CSSB 1015 (senate committee report) as follows:

(1)  In SECTION 1 of the bill, strike amended Section 36.210(a)(1), Utilities Code (page 1, lines 39 through 50), and substitute the following:

(1)  be approved or denied in accordance with a [an expedited] procedure that[:

[(A)     provides for appropriate updates of information;

[(B)]  allows for participation by the office and affected parties; [and

[(C)     extends for not less than 60 days;]

(2)  take into account changes in the number of an electric utility's customers and the effects, on a weather-normalized basis, that energy consumption and energy demand have on the amount of revenue recovered through the electric utility's base rates;

(2)  In SECTION 1 of the bill, in amended Section 36.210(a), Utilities Code:

(A)  (page 1, line 51), strike "(2) [(3)]" and substitute "(3)";

(B)  (page 1, line 59), strike "(3) [(4)]" and substitute "(4)";

(C)  (page 2, line 5), strike "(4) [(5)]" and substitute "(5)"; and

(D)  (page 2, line 7), strike "(5) [(6)]" and substitute "(6)".

(3)  In SECTION 1 of the bill, in amended Section 36.210(f)(3), Utilities Code (page 2, line 25), strike "or".

(4)  In SECTION 1 of the bill, strike amended Section 36.210(f)(4), Utilities Code (page 2, lines 26 through 40), and substitute the following:

(4)  [limit the jurisdiction of a municipality over the rates, operations, and services of an electric utility as provided by Section 33.001;

[(5)]  limit the ability of a municipality to obtain a reimbursement under Section 33.023 for the reasonable cost of services of a person engaged in an activity described by that section; or

(5) [(6)]  prevent the commission from:

(A)  reviewing the investment costs included in a periodic rate adjustment or in the following comprehensive base rate proceeding to determine whether the costs were prudent, reasonable, and necessary; or

(B)  refunding to customers any amount improperly recovered through the periodic rate adjustments, with appropriate carrying costs.

(5)  In SECTION 1 of the bill, at the end of added Section 36.210(i), Utilities Code (page 2, line 66), following the period, add "The commission may extend the deadline for not more than 15 days for good cause.".