Texas Utilities Code
§ 34.0105 — COMPLETION BONUS GRANTS
UT § 34.0105Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 34. FACILITY FUNDING · Art. A. TEXAS ENERGY FUND; GRANTS AND LOANS
Statute text
View on source(a)The commission shall provide, using money available in the fund for the purpose without further appropriation, a completion bonus grant for the construction of dispatchable electric generating facilities in the ERCOT power region. For the purposes of this section, a generating facility is considered to be dispatchable if the facility's output can be controlled primarily by forces under human control. An electric energy storage facility is not eligible for a grant under this section.
(b)The amount of a grant under this section must be based on the megawatts of capacity provided to the ERCOT power region by the facility.
(c)The commission may provide a grant under this section only for construction of a facility that:
(1)will have a generation capacity of at least 100 megawatts; and
(2)does not meet the planning model requirements necessary to be included in the Capacity Demand and Reserves Report of the independent organization certified under Section 39.151 for the ERCOT power region before June 1, 2023.
(d)The commission shall evaluate an application for a grant under this section based on:
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Legislative history
Acts 2025, 89th Leg., R.S., Ch. 337 (S.B. 2268), Sec. 3, eff. June 12, 2025.