Sec. 36.214. RECOVERY OF GENERATION INVESTMENT BY NON-ERCOT UTILITIES. (a) This section applies only to an electric utility that operates solely outside of ERCOT.
(b) An electric utility may file, and the commission may approve, an application for a rider to recover the electric utility's investment in a power generation facility.
(c) An application under Subsection (b) may be filed by the electric utility and approved by the commission before the electric utility places the power generation facility in service.
(d) Any rider approved under Subsection (b) shall take effect on the date the power generation facility begins providing service to the electric utility's customers.
(e) Amounts recovered through a rider approved under Subsection (b) are subject to reconciliation in the first comprehensive base rate proceeding for the electric utility that occurs after approval of the rider. During the reconciliation, the commission shall determine if the amounts recovered through the rider are reasonable and necessary.
(f) If a rider approved under Subsection (b) includes incremental recovery for a power generation facility greater than $200 million on a Texas jurisdictional basis, the electric utility that filed the rider shall initiate a comprehensive base rate proceeding at the commission not later than 18 months after the date the rider takes effect.
(g) The commission shall adopt rules as necessary to implement this section.
(h) This section expires September 1, 2031.
Added by Acts 2019, 86th Leg., R.S., Ch. 1067 (H.B. 1397), Sec. 4, eff. June 14, 2019.
Redesignated from Utilities Code, Section 36.213 by Acts 2021, 87th Leg., R.S., Ch. 915 (H.B. 3607), Sec. 21.001(111), eff. September 1, 2021.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Subchapter E. Cost Recovery and Rate Adjustment
Section 36.201. Automatic Adjustment for Changes in Costs
Section 36.202. Adjustment for Change in Tax Liability
Section 36.203. Fuel Cost Recovery; Adjustment of Fuel Factor
Section 36.204. Cost Recovery and Incentives
Section 36.205. Purchased Power Cost Recovery
Section 36.207. Use of Mark-Ups
Section 36.208. Payment to Qualifying Facility
Section 36.209. Recovery by Certain Non-Ercot Utilities of Certain Transmission Costs
Section 36.210. Periodic Rate Adjustments
Section 36.211. Relation Back of Rates for Certain Non-Ercot Utilities
Section 36.212. Rate Case Requirement for Certain Non-Ercot Utilities
Section 36.213. Adjustment for Cybersecurity Monitor Costs for Certain Utilities
Section 36.214. Recovery of Generation Investment by Non-Ercot Utilities