Texas HB3230 amends the Utilities Code to establish a capacity cost recovery rider for certain electric utilities.

Texas HB3230 amends the Utilities Code to establish a capacity cost recovery rider for certain electric utilities. This rider allows for the recovery of annual capacity-related costs and revenues incurred by the utility. Eligible costs and revenues include those associated with participation in multi-state capacity auctions and power purchase agreements under the Federal Energy Regulatory Commission. The rider application must be submitted by May 15 of the year or a specified later date if the capacity auction results are published after April 20.

Texas HB3230 amends the Utilities Code to establish a capacity cost recovery rider for certain electric utilities.

Texas HB3230 amends the Utilities Code to establish a capacity cost recovery rider for certain electric utilities. This rider allows for the recovery of annual capacity-related costs and revenues incurred by the utility. Eligible costs and revenues include those associated with participation in multi-state capacity auctions and power purchase agreements under the Federal Energy Regulatory Commission. The rider application must be submitted by May 15 of the year or a specified later date if the capacity auction results are published after April 20.