Update: Entergy Texas Files Pricing For Proposed Renewable Energy Offering To Customers; Says Application In Response To Customer Demand

January 31, 2022

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Entergy Texas, Inc. (ETI) has filed its application at the Texas PUC to offer both small and large customers a voluntary renewable energy option

Entergy Texas' forthcoming application for the renewable energy options had been first reported by EnergyChoiceMatters.com

As noted previously, Entergy Texas's application comes as the Texas PUC opened a project to house stakeholder views on expanding electric choice to the investor-owned utilities without choice (see story here), and Commissioner Jimmy Glotfelty said last fall that the PUC needs to "re-look" at a transition to competition at Entergy Texas (story here)

"As part of the Company's ongoing outreach with its larger customers, several such customers have expressed interest in having more renewable options from ETI that could help them meet their corporate sustainability or climate goals. The voluntary green pricing tariffs proposed in this application represent the first step in ETI's efforts to provide renewable options for all of its customers, including the larger customers that have expressed particular interest," Entergy Texas said in the application

Both options -- Rider Small Volume Renewable Option ("Rider SVRO") and Rider Large Volume Renewable Option ("Rider LVRO") will be REC products (not asset-backed)

Rider LVRO will be available to qualifying large volume non-residential customers (i. e. General Service, Large General Service, and Large Industrial Power Service customers) and provide such customers the opportunity to purchase a fixed, large volume of RECs each month. Participating LVRO customers will designate an amount of monthly electricity usage to match to green electricity through RECs (referred to as their "LVRO Energy"), which must be at least 500,000 kWh, but cannot exceed the customer's average monthly usage for the previous year. In order to allow the Company adequate time to plan for the larger volume of RECs needed for participating LVRO customers, there is a minimum term of participation of one year for service under this option, Entergy proposed

The total Rider LVRO monthly charge will be equal to the customer's LVRO Energy times the Monthly Rate, which is proposed to be $0.0050/kWh for the first year

Rider SVRO would be offered to qualifying small volume customers (i. e. Residential, Small General Service, General Service, and Large General Service customers), and would include three levels (tiers) of participation that correspond to the percentage of monthly electricity usage a customer elects to match to green electricity through RECs (referred to as their "SVRO Election").

A customer can make an SVRO Election that enables them to match 25% (Tier One), 50% (Tier Two), or 100% (Tier Three) of their electricity usage each month with RECs, up to 499,999 kilowatt-hours ("kWh") per month. There is no minimum term for participation for customers enrolled in Rider SVRO, and service under this option will be month-to-month until terminated by ETI or the customer, Entergy proposed

Pricing for the tiers of Rider SVRO would be as follows:

25%     $0.0153 per kWh
50%     $0.0127 per kWh
100%    $0.0101 per kWh

Entergy said that the declining pricing under the tiered structure, "is designed to encourage customers to choose the higher percentage options, thus tying more of their electricity usage to green electricity."

Entergy said that the REC plans do not require the development and construction of a new renewable resource, and said that the proposed new green pricing REC offering can be implemented much more quickly.

"To the extent an asset-backed green tariff program is proposed by ETI and approved in the future by the Commission, it is unlikely to be available for participation for several years in light of the time needed to develop new renewable resources. Therefore, green pricing provides an option for customers that can be made available much more quickly than renewable options that are tied to specific resources, such as green tariffs," Entergy said

Docket 53153

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