BREAKING: SB 715 Likely up for Vote in Committee This Morning
Bill is retroactive, would require *existing* generators to have their own backup, would add billions in cost; ERCOT CEO Pablo Vegas two years ago called a similar proposal a "tax" on consumers
Two years ago, a few powerful policymakers, aligned with the Texas Public Policy Foundation, slipped a requirement for a study into a bill at the very end of the legislative session. They thought it would prove that renewables were making the system more expensive and thus should be required to pay for back up.
The language in House Bill 1500 required th…
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