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2016 Regular Session
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to public utilities; and declaring an emergency.
Catchline/Summary: Requires each electric company providing electricity to retail electricity consumers located in this state to eliminate coal-fired resources from electric company's electricity supply.
Clarifies that term "public utility" does not include people's utility district or electric cooperative for purpose of being regulated by Public Utility Commission.] Allows Public Utility Commission to consider net gain or loss of sale of coal-fired resources for certain allocations to retail electricity consumers. Modifies qualifying electricity for purposes of renewable portfolio standards. Changes compliance requirements for renewable portfolio standards. Makes other changes to provisions setting forth renewable portfolio standards. Permits carryforward of certain renewable energy certificates for specified periods. Provides rules on application of renewable portfolio standards when electric utilities acquire service territory. Permits commission to approve cost recovery for costs related to renewable energy storage. Provides process to address conflicts between requirements for electric company to comply with renewable portfolio standards and reliability standards of North American Electric Reliability Corporation. Changes goal to acquire electricity from community-based renewable energy projects to requirement to acquire such electricity. Expands sources that qualify for community-based renewable energy projects to include facilities that generate electricity using biomass and that also generate thermal energy for secondary purpose. Directs commission to establish stranded cost obligation associated with condemnation of or transaction related to service territory or property of electric company. Requires public utilities to annually forecast projected state and federal production tax credits received due to variable renewable electricity production. Clarifies that term "public utility" does not include people's utility district or electric cooperative for purposes of being regulated by Public Utility Commission. Requires each electric company to file applications with commission for programs to accelerate transportation electrification. Allows return of and return on investment made by electric company for purposes of program. Directs commission to establish program for creation of community solar projects. Repeals minimum solar energy capacity standard for electric companies. Declares emergency, effective on passage.
Chapter Number: Chapter 028
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: No Revenue Impact, Statement Issued (Indeterminate Impact)
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
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Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
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