Texas SB1856 establishes a capacity cost recovery rider for certain electric utilities operating outside ERCOT.

Texas SB1856 amends the Utilities Code to add a section on the recovery of annual capacity-related costs for electric utilities operating outside the Electric Reliability Council of Texas (ERCOT) in areas included in the Southeastern Electric Reliability Council. The bill specifies that eligible costs and revenues include those associated with multi-state capacity auctions and power purchase agreements under the Federal Energy Regulatory Commission.

Texas SB1856 establishes a capacity cost recovery rider for certain electric utilities operating outside ERCOT.

Texas SB1856 amends the Utilities Code to add a section on the recovery of annual capacity-related costs for electric utilities operating outside the Electric Reliability Council of Texas (ERCOT) in areas included in the Southeastern Electric Reliability Council. The bill specifies that eligible costs and revenues include those associated with multi-state capacity auctions and power purchase agreements under the Federal Energy Regulatory Commission.