The bill, H.B. No. 912, amends Section 39.554(f) of the Utilities Code to establish new provisions regarding the compensation of distributed renewable generation owners in areas outside of the Electric Reliability Council of Texas (ERCOT). The amendment introduces the possibility for the commission to approve an alternative method for compensating these owners for electricity generated by distributed renewable sources or qualifying facilities. It clarifies that for owners who opt for interconnection through a single meter, the electricity they generate will offset their consumption for the billing period, and any excess generation will be credited to them.
The bill is set to take effect on September 1, 2025, and aims to enhance the compensation framework for renewable energy generation, thereby encouraging the adoption of distributed renewable energy technologies. The changes reflect a shift towards more flexible compensation methods, potentially benefiting both the owners of renewable generation facilities and the overall energy market.
Statutes affected: Introduced: Utilities Code 39.554 (Utilities Code 39)