Your electric bill could hit a new ceiling, and you would get at least 30 days' notice
What it does
The bill would put a ceiling on the part of an electric bill that is not fuel, for utilities that operate entirely outside ERCOT. The Public Utility Commission would set that ceiling in a rate case, based on an average of the utility's nonfuel rates during summer peak demand over the five years before the case, adjusted for inflation. Outside a rate case, a regulator could change the ceiling only for inflation or if it finds the rate unreasonable. Customers would get at least 30 days' notice, using their preferred way of being contacted, before a new ceiling applies.
What it means for your community
If your electric provider sits outside ERCOT, your bill could go up but not past the ceiling the commission sets. The bill does not say how that ceiling compares with what you pay today. You would get at least 30 days' notice before the new rate starts, sent the way you asked your utility to reach you.
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