83R2186 DDT-D
 
  By: Rodriguez of Travis H.B. No. 303
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to this state's goal for renewable energy.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Sections 39.904(a) and (o), Utilities Code, are
  amended to read as follows:
         (a)  It is the intent of the legislature that by January 1,
  2020, at least 35 percent of the generating capacity in this state
  will be from renewable energy technologies, with at least 2 percent
  of the generating capacity in this state from solar energy
  technologies [2015, an additional 5,000 megawatts of generating
  capacity from renewable energy technologies will have been
  installed in this state. The cumulative installed renewable
  capacity in this state shall total 5,880 megawatts by January 1,
  2015, and the commission shall establish a target of 10,000
  megawatts of installed renewable capacity by January 1, 2025. The
  cumulative installed renewable capacity in this state shall total
  2,280 megawatts by January 1, 2007, 3,272 megawatts by January 1,
  2009, 4,264 megawatts by January 1, 2011, 5,256 megawatts by
  January 1, 2013, and 5,880 megawatts by January 1, 2015. Of the
  renewable energy technology generating capacity installed to meet
  the goal of this subsection after September 1, 2005, the commission
  shall establish a target of having at least 500 megawatts of
  capacity from a renewable energy technology other than a source
  using wind energy].
         (o)  The commission may establish an alternative compliance
  payment.  An entity that has a renewable energy purchase
  requirement under this section may elect to pay the alternative
  compliance payment instead of applying renewable energy credits
  toward the satisfaction of the entity's obligation under this
  section. [The commission may establish a separate alternative
  compliance payment for the goal of 500 megawatts of capacity from
  renewable energy technologies other than wind energy. The
  alternative compliance payment for a renewable energy purchase
  requirement that could be satisfied with a renewable energy credit
  from wind energy may not be less than $2.50 per credit or greater
  than $20 per credit. Prior to September 1, 2009, an alternative
  compliance payment under this subsection may not be set above $5 per
  credit.] In implementing this subsection, the commission shall
  consider:
               (1)  the effect of renewable energy credit prices on
  retail competition;
               (2)  the effect of renewable energy credit prices on
  electric rates;
               (3)  the effect of the alternative compliance payment
  level on the renewable energy credit market; and
               (4)  any other factors necessary to ensure the
  continued development of the renewable energy industry in this
  state while protecting ratepayers from unnecessary rate increases.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2013.