Senate Bill No. 1664 aims to enhance transparency regarding the rates of transmission and distribution utilities in Texas. The bill introduces a new section, 39.113, to the Utilities Code, which mandates that utilities provide a stand-alone document with each rate change filing. This document must include detailed information such as the proposed rate changes for each class, the duration of the proposed changes, anticipated revenue from base rate increases, current and projected delivery charges for average residential customers, and the differences between current and proposed charges. Additionally, 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 bill also requires the Public Utility Commission to maintain and regularly update information about utility rates on its website in a format that is easily understandable to the public. The changes enacted by this bill will apply only to proceedings that begin on or after its effective date of September 1, 2025, while existing proceedings will continue to be governed by the law in effect at the time they commenced.
Statutes affected: Introduced: ()