CSHB 2908 requires the Public Utility Commission of Texas to study the distortion in electricity pricing in the ERCOT (Electric Reliability Council of Texas) power region caused by the federal Production Tax Credit (PTC) and report its findings to the Texas Legislature.
TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...