Bill Text: TX HB211 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to this state's goal for renewable energy.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-03-09 - Left pending in committee [HB211 Detail]
Download: Texas-2011-HB211-Introduced.html
82R649 TJS-D | ||
By: Rodriguez | H.B. No. 211 |
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relating to this state's goal for renewable energy. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Sections 39.904(a) and (o), Utilities Code, are | ||
amended to read as follows: | ||
(a) It is the intent of the legislature that by January 1, | ||
2020, at least 35 percent of the generating capacity in this state | ||
will be from renewable energy technologies, with at least 2 percent | ||
of the generating capacity in this state from solar energy | ||
technologies [ |
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(o) The commission may establish an alternative compliance | ||
payment. An entity that has a renewable energy purchase | ||
requirement under this section may elect to pay the alternative | ||
compliance payment instead of applying renewable energy credits | ||
toward the satisfaction of the entity's obligation under this | ||
section. [ |
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consider: | ||
(1) the effect of renewable energy credit prices on | ||
retail competition; | ||
(2) the effect of renewable energy credit prices on | ||
electric rates; | ||
(3) the effect of the alternative compliance payment | ||
level on the renewable energy credit market; and | ||
(4) any other factors necessary to ensure the | ||
continued development of the renewable energy industry in this | ||
state while protecting ratepayers from unnecessary rate increases. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2011. |