By:
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Rodriguez H.B.
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No.
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211A BILL TO BE ENTITLEDAN ACTrelating to this state
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s goal for renewable energy.BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:SECTION
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1.
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Sections 39.904(a) and (o), Utilities Code, areamended to read as follows:(a)
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It is the intent of the legislature that by January 1,2020, at least 35 percent of the generating capacity in this statewill be from renewable energy technologies, with at least 2 percentof the generating capacity in this state from solar energytechnologies [2015, an additional 5,000 megawatts of generatingcapacity from renewable energy technologies will have beeninstalled in this state. The cumulative installed renewablecapacity in this state shall total 5,880 megawatts by January 1,2015, and the commission shall establish a target of 10,000megawatts of installed renewable capacity by January 1, 2025. Thecumulative installed renewable capacity in this state shall total2,280 megawatts by January 1, 2007, 3,272 megawatts by January 1,2009, 4,264 megawatts by January 1, 2011, 5,256 megawatts byJanuary 1, 2013, and 5,880 megawatts by January 1, 2015. Of therenewable energy technology generating capacity installed to meetthe goal of this subsection after September 1, 2005, the commissionshall establish a target of having at least 500 megawatts ofcapacity from a renewable energy technology other than a sourceusing wind energy].123456789101112131415161718192021222324
82R649 TJS-D
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(o)
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The commission may establish an alternative compliancepayment.
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An entity that has a renewable energy purchaserequirement under this section may elect to pay the alternativecompliance payment instead of applying renewable energy creditstoward the satisfaction of the entity
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s obligation under thissection. [The commission may establish a separate alternativecompliance payment for the goal of 500 megawatts of capacity fromrenewable energy technologies other than wind energy. Thealternative compliance payment for a renewable energy purchaserequirement that could be satisfied with a renewable energy creditfrom wind energy may not be less than $2.50 per credit or greaterthan $20 per credit. Prior to September 1, 2009, an alternativecompliance payment under this subsection may not be set above $5 percredit.] In implementing this subsection, the commission shallconsider:(1)
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the effect of renewable energy credit prices onretail competition;(2)
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the effect of renewable energy credit prices onelectric rates;(3)
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the effect of the alternative compliance paymentlevel on the renewable energy credit market; and(4)
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any other factors necessary to ensure thecontinued development of the renewable energy industry in thisstate while protecting ratepayers from unnecessary rate increases.SECTION
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2.
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This Act takes effect immediately if it receivesa vote of two-thirds of all the members elected to each house, asprovided by Section 39, Article III, Texas Constitution. If this123456789101112131415161718192021222324252627H.B.
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No.
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211
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