Scored 7/10 on whether it helps or hurts everyday people.
The Credit Price Bill
Texas bill aims to stop tax credit price hikes
Relating to electricity pricing rules and operating procedures that eliminate or compensate for market distortion caused by certain federal tax credits.
Good for everyday people ·
If passed, the bill would make electricity companies pay for price changes caused by federal tax credits, keeping your power bill from rising.
Our take
What we think, in plain words.
Consumers could avoid hidden cost hikes if the commission forces utilities to cover tax credit distortions, but the bill still needs support to move forward.
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The facts
What the bill actually says, no spin.
- The bill adds Section 39.171 to the Texas Utilities Code.
- It requires ERCOT and the commission to adopt rules to fix price distortions from federal tax credit Section 45.
- It says costs from electricity sold with the tax credit must be paid by the parties causing those costs.
- It bans rules that try to change prices based on reserve values.
- The bill would take effect September 1, 2025 if passed.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
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