November 13, 2023
The Texas Energy Association for Marketers (TEAM) has filed a petition at the Texas PUC requesting that the PUC designate the new ERCOT Contingency Reserve Service (ECRS) as an…
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August 15, 2023
Several Texas gentailers have proposed setting energy and ancillary service pricing under the ERCOT emergency pricing program (EPP) -- which by statute is to be triggered when there are 12 hours priced at the ERCOT high offer cap during a 24-hour period -- at $2,000 per MWh and/or the current LCAP…
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May 30, 2023
REP Retail Sales Report Retained; REP Demand Response Provisions Dropped RPS Changed To Solar-Only Program For Two Years, Then Terminates Requires Study On Pay-as-Bid Pricing For ERCOT Market
Both Texas Houses have agreed on and passed a version of HB1500, the PUC sunset bill, with various provisions addressing a range of electricity policy issues.
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April 4, 2023
Would Mandate New Collateral Requirements To Ensure No Uplift From Non-payment By REPs In Any Reliability Program Includes Direction On Cost Allocation Of A/S To LSEs Dispatchable Generation Mandate Not Applied To REPs Set To Pass Senate
The text of a revised committee substitute (committee report) for Texas SB2012 has been posted
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January 19, 2023
PUC Chair: PCM May Help Separate The "Wheat From The Chaff" Among REPs, Calls Some REPs Fly-by-Night
The Texas PUC voted to "adopt", without immediate implementation, a performance credit mechanism (PCM) for the retail market, which will require REPs to procure, through a centrally cleared mechanism, performance credits (PC)
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December 14, 2022
A group of independent Texas retail electric providers are among the members of the Coalition for Dispatchable Reliability Reserve Service, a group that is proposing a Dispatchable Reliability Reserve Service (DRRS) (built on the Uncertainty Product advocated by the ERCOT IMM) as the best mechanism…
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December 2, 2022
Nine Texas state Senators, including Charles Schwertner and Robert Nichols, Chair and Vice Chair (respectively) of the Senate Committee on Business & Commerce, sent a letter to the PUC Chair and Commissioners informing the PUC that any holistic market design change, including the Performance Credit…
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November 10, 2022
With PUC Seeking Public Comment, Commission Not Currently Unanimous On PCM Proposal Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
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February 28, 2022
The Texas PUC approved without substantive modification a proposal for adoption to adopt new 16 TAC §25.53, relating to emergency operations plans and the implementation of SB 3
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February 23, 2022
Staff of the Texas PUC have filed a recommended draft proposal for adoption to adopt new 16 TAC §25.53, relating to emergency operations plans and the implementation of SB 3
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November 30, 2021
Staff of the Texas PUC have filed a draft proposal for publication to adopt new 16 TAC §25.53, relating to emergency operations plans and the implementation of SB 3
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October 11, 2021
AEP Texas Inc.; CenterPoint Energy Houston Electric, LLC; and Texas-New Mexico Power Company (collectively, the Joint TDUs) filed with the Texas PUC an expedited petition asking the PUC to approve the TDUs (1) designing and operating load management programs for nonresidential customers during the…
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July 28, 2021
Proposal Retains New "Signed" Acknowledgement Of Risk For Products With Ancillary Service Pass-Through, And Also Any Mass Market Index Product Proposal Includes New POLR Pricing For Mass Market Customers
Staff of the Texas PUC have filed a draft proposal for publication containing proposed rule changes to implement HB 16, which generally bans wholesale energy market index plans to mass market customers, and relevant portions of SB 3. The proposal for publication also includes new customer protection…
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July 7, 2021
Consumer Advocates Ask Texas PUC TO Ban All Index Products For Residential Customers REPs Oppose Proposal For New Signed Risk Statement For Index Products Which Aren't Tied To Wholesale Market
Consumer Advocates Seek Prohibition On Contracts Which Waive Customer Protections
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June 25, 2021
New "Signed" Acknowledgement Of Risk Proposed For Products Beyond Those Required By Recent Legislation Staff Seeks Comments On Changes To POLR Pricing
Staff of the Texas PUC have filed a strawman containing proposed rule changes to implement HB 16, which generally bans wholesale energy market index plans to mass market customers, and relevant portions of SB 3. The strawman also includes new customer protection changes not mandated by statute.
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June 24, 2021
In comments to the Texas PUC in a proceeding on weatherization standards, Texas Competitive Power Advocates (TCPA) recommended that the PUC adopt a cost recovery mechanism, perhaps through a non-bypassable charge, for facilities subject to new weatherization mandates for whom cost-of-service…
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June 24, 2021
The Texas PUC adopted without modification a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities…
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June 18, 2021
REPs Had Proposed Specific Cost Recovery Mechanism, Opposed Use Of Uplift
Staff of the Texas PUC have filed a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities are able to…
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June 8, 2021
Texas Gov. Greg Abbott is set to sign today at an afternoon ceremony SB 3, the ERCOT winter weather event omnibus bill, and SB 2, which revises the composition and qualifications for the ERCOT board of directors.
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June 3, 2021
Also Proposes Setting Energy Prices At Offer Cap When Load Being Shed Due To ERCOT's Direction
During a Texas PUC open meeting work session, ERCOT's Vice President of Commercial Operations Kenan Ögelman said that ERCOT would be proposing two urgent protocol revisions as follows
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May 31, 2021
Adds New Circuit Breaker Provision To ERCOT Price Cap Includes New REP Obligation; Also Addresses Ancillary Services
The Texas House and Senate have both passed a conference committee version of SB 3, and the bill has been enrolled and is being sent to the governor
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May 27, 2021
Requires Three Renewal Notices To Be Sent Bill Bans Wholesale Index Electricity Plans For Residential, Small Commercial Customers (Would Be Superseded If SB 3 Enrolled)
Texas Gov. Greg Abbott has signed HB 16, which prohibits wholesale indexed electricity plans for residential and small commercial customers, and also requires REPs to serve customers on a default renewal contract if the customer takes no affirmative action at renewal
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May 24, 2021
Adds Requirement For "Signed" Acknowledgment Of Risk For Large Customers To Be Served Under Wholesale Index Plans Omnibus Bill Requires State Energy Plan & Evaluation Of Market Structure, Pricing
Includes TDU Load Shed Programs, Energy Storage For TDUs; New Obligation For REPs
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May 20, 2021
The Texas House Committee on State Affairs this week reported favorably a substitute version of SB 3, and the substitute would allow residential and small commercial wholesale index electricity plans to continue to be sold, subject to a price cap and various notice requirements
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March 30, 2021
(Earlier): Texas House Passes Bill To Ban Wholesale Indexed Products In Retail Electric Market Weatherization Bill Amended To Include Commercial Demand Response Program, To Be Run By TDUs
HB 16, the ban on residential wholesale indexed products, has been passed by the House on third reading without further amendment. The bill as passed is described below.
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