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Relating to the governance of the Public Utility Commission of Texas, the Office of Public Utility Counsel, and an independent organization certified to manage a power region.
Estimated Two-year Net Impact to General Revenue Related Funds for HB10, Committee Report 2nd House, Substituted : a negative impact of ($2,212,072) through the biennium ending August 31, 2023.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
HB 10 would restructure the Public Utilities Commission board increasing the number of commissioners to 5, replacing the unaffiliated members with members appointed by the Governor. Under this bill legislators and registered lobbyists would be prohibited from being appointed to the ERCOT board. HB 10 also restructures the ERCOT board requiring all board members to reside in the state of Texas and creates additional ERCOT board member slots to represent certain consumer interests and market segments that shall be elected by their segments.
Texas Action neutral on HB 10 as it does not impact any of our liberty principles. With that said, the provision requiring ERCOT board members to reside in Texas is obviously sound public policy.
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