Bill Text: TX HB2359 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to energy efficiency goals for electric utilities.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2021-03-15 - Referred to State Affairs [HB2359 Detail]
Download: Texas-2021-HB2359-Introduced.html
87R1177 JXC-F | ||
By: Reynolds | H.B. No. 2359 |
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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 Subsections (a-1) and (a-2) to read as follows: | ||
(a-1) In addition to meeting the demand goals provided by | ||
Subsection (a), each electric utility shall also meet an annual | ||
energy savings goal of: | ||
(1) one-fourth of one percent annual energy savings in | ||
the 2022 calendar year; | ||
(2) one-half of one percent annual energy savings in | ||
the 2023 calendar year; | ||
(3) three-fourths of one percent annual energy savings | ||
in the 2024 calendar year; and | ||
(4) one percent annual energy savings beginning with | ||
the 2025 calendar year. | ||
(a-2) The commission by rule shall provide a method to | ||
establish each utility's annual savings goal under Subsection | ||
(a-1). 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 Subsection (a-1) 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, 2021. | ||
SECTION 3. This Act takes effect September 1, 2021. |