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Committee advances a major energy-efficiency update; bill raises utility goals, removes emergency load-management credit
Summary
Senate Bill 2994 (committee substitute) would change how transmission and distribution utilities and retail electric providers account for and deliver energy-efficiency and demand-reduction programs, raise multi-year savings goals, and remove emergency load-management from standard program goals.
Senators considered a committee substitute to Senate Bill 29 94 that would update Texas’s utility-run energy-efficiency framework and raise multi-year savings expectations for utilities and retailers.
Sponsor Senator Johnson told the committee the bill modernizes rules that were written two decades ago and transfers emphasis from emergency load-management credits and population-growth formulas to measurable, everyday savings achievable through building upgrades, weatherization and targeted customer programs. The committee substitute sets minimum percentage savings goals by utility size and…
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