Texas SB1022 amends the Utilities Code to regulate the recovery of vegetation management costs by electric utilities.

Texas SB1022 amends the Utilities Code to establish procedures for the recovery of vegetation management costs by electric utilities. The bill mandates that the Public Utility Commission (PUC) implement rules ensuring that electric utilities collect these costs as contemporaneously as reasonably possible and allocate them among customer classes based on historical usage. It also requires the timely adjustment of vegetation management factors and allows for interim adjustments if utilities are projected to under-collect or over-collect these costs on an ongoing basis.

Texas SB1022 amends the Utilities Code to regulate the recovery of vegetation management costs by electric utilities.

Texas SB1022 amends the Utilities Code to establish procedures for the recovery of vegetation management costs by electric utilities. The bill mandates that the Public Utility Commission (PUC) implement rules ensuring that electric utilities collect these costs as contemporaneously as reasonably possible and allocate them among customer classes based on historical usage. It also requires the timely adjustment of vegetation management factors and allows for interim adjustments if utilities are projected to under-collect or over-collect these costs on an ongoing basis.