Texas HB3157 regulates interim rates for electric utilities during rate suspension periods.
Texas HB3157 amends the Utilities Code to allow electric utilities to implement interim rates during a suspension period, provided the interim rate does not exceed the proposed rate. Utilities must notify retail electric providers 45 days before implementing the interim rate. Utilities must refund or credit customers for any excess money collected under the interim rates. The final rate set in the proceeding becomes effective 155 days after the rate-filing package is filed.
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