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June 25, 2021
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.
June 18, 2021
Noting the passage of the ERCOT market financing bill, which had been first reported by EnergyChoiceMatters.com , Just Energy Group Inc. ('Just Energy' or the 'Company') said that, "Based on current information, if the Commission [Texas PUC] approves the financing provided for in HB 4492, Just…
June 17, 2021
Final Bill Omitted Relief To REPs For 32 Hours At $9,000 After Load Shed Ended
Texas Gov. Greg Abbott has signed HB 4492, which provides a financing program available to retail electric providers for ancillary service charges and reliability deployment price adders above the $9,000 cap
June 8, 2021
Aggregator Files Complaint Against REP At Texas PUC Over Similar Issue
A North Texas plastics company (J&M Plastics, Inc., or 'Plaintiff') has filed a proposed federal class action lawsuit against MidAmerican Energy Services, alleging that, "the electricity supplier passed through unauthorized fees to commercial customers with contracts marketed as fixed-rate plans."
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.
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
June 3, 2021
Staff To Review 'Your Rights As A Customer' Document, Propose Additions
During an open meeting work session, Texas PUC Chairman Peter Lake directed Commission Staff to include, as part of a rulemaking to implement HB 16 and its ban on wholesale indexed electricity plans for mass market customers, a review of ancillary service pass-throughs to commercial customers who…
May 31, 2021
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
May 28, 2021
With regards to the relief related to amounts from entities defaulting at ERCOT (short-pays), the Senate version of HB 4492 provides that the PUC may authorize the independent organization to establish a debt financing mechanism to finance the default balance as follows:
May 27, 2021
With regards to the relief related to amounts from entities defaulting at ERCOT (short-pays), the Senate version of HB 4492 provides that the PUC may authorize the independent organization to establish a debt financing mechanism to finance the default balance as follows:
May 25, 2021
Amendment To Separate Cooperative-Focused Securitization Bill Would Force Co-ops Into "Competitive Market" If Co-ops Owing Money To ERCOT Do Not Use Securitization
May 21, 2021
Committee Substitute Omits Ancillary Service Charges From Included Costs
The Texas Senate Business & Commerce Committee has drafted a committee substitute to HB 4492 which would omit ancillary service charges, such as those ultimately charged to retail electric providers, from the costs addressed by the relief provided by the bill
May 7, 2021
The Texas House has passed HB 4492 which would create a mechanism for the Public Utility Commission of Texas to authorize the securitization of ERCOT market uplift charges related to the winter weather event
April 15, 2021
HGP Storage (HGP) filed a pleading at the Texas PUC requesting that the PUC, "direct the Electric Reliability Council of Texas (ERCOT) to study the potential reliability concerns driven by large datacenters that mine cryptocurrencies."
April 1, 2021
Texas House Considers Securitization Bill Which Could Be Broadly Open To Retail Electric Providers & Their Costs From Winter Storm, Other ERCOT Market Participants
April 1, 2021
* This is a breaking news alert. This story will be updated as noted below with later developments. You may need to refresh your page to see the latest update
March 29, 2021
Text for the engrossed version of Texas bill SB 3 has been posted
March 26, 2021
Committee substitute language for Texas bill SB 3, which as reported yesterday was reported out favorably, has been released
March 25, 2021
The Texas Senate Committee on Jurisprudence today reported favorably to the full Senate a committee substitute for SB 3, a broad-ranging energy bill that would have, as originally filed, banned all variable retail electric rates
March 23, 2021
The Texas Energy Association for Marketers (TEAM) in a new filing with the Texas PUC renewed its request for the PUC, "to enforce its February 16 emergency order ('Order') and protect Texas customers and their electricity suppliers from unauthorized $9,000/MWh pricing and the associated…
March 18, 2021
Today, the Texas House of Representatives read for a first time, and referred to the State Affairs committee, SB 2142, a bill passed by the Senate that would order the PUC to re-price ERCOT wholesale power and ancillary services prices for the period beginning 11:55 p.m., February 17, 2021, and…
March 17, 2021
Texas Attorney General Ken Paxton has issued an opinion finding that re-pricing the ERCOT market is within the Texas PUC's authority and does not raise constitutional concerns if such action furthers a compelling public interest
March 16, 2021
Texas House Speaker Says Continued ERCOT Pricing At $9,000 Was Not An "Error"
Lt. Gov. Dan Patrick told Senators during session today that he received a statement from Speaker of the House of Representatives Dade Phelan that Patrick said informed the Senate that the House will not take up SB 2142, a bill passed by the Senate that would order the PUC to re-price ERCOT…
March 16, 2021
Texas Lieutenant Governor Dan Patrick has formally asked Texas Attorney General Ken Paxton for a legal opinion on the authority of the Public Utility Commission of Texas to issue orders affecting pricing for the wholesale electricity market and ancillary services
March 15, 2021
The Texas Senate has approved SB 2142, a new bill just filed today, that would order the PUC to re-price ERCOT wholesale power and ancillary services prices for the period beginning 11:55 p.m., February 17, 2021, and ending 9 a.m., February 19, 2021
