Texas SB1837 regulates interim rates for electric utilities during rate suspension periods.

Texas SB1837 amends the Utilities Code to allow electric utilities to implement interim rates during a suspension period, with certain conditions. The interim rate cannot 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 bill also specifies that certain expenditures, like legislative advocacy costs, cannot be considered for ratemaking purposes. The changes apply to rate proceedings initiated after the bill's effective date.

Texas SB1837 regulates interim rates for electric utilities during rate suspension periods.

Texas SB1837 amends the Utilities Code to allow electric utilities to implement interim rates during a suspension period, with certain conditions. The interim rate cannot 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 bill also specifies that certain expenditures, like legislative advocacy costs, cannot be considered for ratemaking purposes. The changes apply to rate proceedings initiated after the bill's effective date.