Texas SB1915 mandates the Public Utility Commission to set an annual energy savings goal of one percent for electric utilities by 2032.

Texas SB1915 amends the Utilities Code to require the Public Utility Commission to establish an annual energy savings goal of one percent for each electric utility by 2032. The method for setting this goal must be based on existing and expected electricity usage in the utility's service area. The commission may set cost caps and provide exceptions for utilities unable to meet the goal cost-effectively. The Public Utility Commission must adopt rules to implement these changes by December 31, 2025, and the act takes effect September 1, 2025.

Texas SB1915 mandates the Public Utility Commission to set an annual energy savings goal of one percent for electric utilities by 2032.

Texas SB1915 amends the Utilities Code to require the Public Utility Commission to establish an annual energy savings goal of one percent for each electric utility by 2032. The method for setting this goal must be based on existing and expected electricity usage in the utility's service area. The commission may set cost caps and provide exceptions for utilities unable to meet the goal cost-effectively. The Public Utility Commission must adopt rules to implement these changes by December 31, 2025, and the act takes effect September 1, 2025.