S.B. No. 1664 introduces new requirements for transmission and distribution utilities in Texas regarding rate changes. The bill mandates that utilities provide a stand-alone document with each rate change filing that details the proposed changes, including the specific rate adjustments for each class, the duration of the proposed changes, and the anticipated revenue impacts over specified periods. Additionally, the document must include current and anticipated delivery charges for an average residential customer, as well as the difference between these amounts. The Public Utility Commission is tasked with ensuring that this information is presented in a format that is easily understandable to the public.

Furthermore, if a regulatory authority proposes a different rate change than what was initially filed, the utility must submit a new document reflecting the updated information. The commission is also required to maintain and regularly update information about utility rates on its website, ensuring transparency for consumers. The provisions of this bill will apply to proceedings that commence on or after its effective date of September 1, 2025, while existing proceedings will continue under the previous law.

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