Bill > SB1438

This bill modifies the procedure for electric utilities to request periodic rate adjustments from the Public Utility Commission of Texas. The key changes include extending the review period for rate adjustment requests from 60 to 90 days, ensuring that the process allows participation by the Office of Public Utility Counsel and other affected parties, and maintaining requirements that rate adjustments account for changes in customer numbers, energy consumption, and be consistent with previous rate allocation methods. The bill specifies that these adjustments must be applied system-wide, supported by a sworn statement from a utility employee affirming compliance and accuracy, and cannot diminish the commission's ability to modify rates if they are found unreasonable. The changes will apply only to proceedings that commence on or after the effective date of September 1, 2025, with existing proceedings continuing under the previous regulatory framework. The primary goal appears to be providing a more structured and transparent process for electric utilities to adjust their rates based on changes in distribution infrastructure and related costs.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB1438