SB 2232 requires the Public Utility Commission of Texas (PUC) to “identify and study the effects that renewable energy subsidies have on pricing, reliability, and efficiency of the electric power market in the ERCOT power region.”
Texas is About to Spend $100 Billion on Power Lines It Does Not Need
Our electric bills are about to go up. Most Texans have no idea why. Texas regulators approved $33 billion in new high-voltage power lines (the Strategic Transmission Expansion Plan, or STEP) without a single legislative vote. Factor in financing, maintenance, and taxes over the life of the projects, and the tab for ratepayers hits nearly...