Bill > HB2555

This bill allows electric utilities in Texas to file transmission and distribution system resiliency plans with the Public Utility Commission of Texas. These plans can include measures like hardening electrical facilities, undergrounding distribution lines, and implementing cybersecurity and vegetation management measures to enhance the resilience of the electric grid against extreme weather events. The Commission must approve the plans if they are found to be in the public interest, and the utilities can recover the costs of implementing the approved plans through a rider on customer bills or by deferring the costs as a regulatory asset. The bill also requires the Commission to adopt rules to implement these resiliency planning and cost recovery provisions within 180 days of the bill's effective date.