ERCOT has predicted potential electric generation shortages beginning in the summer of 2013. There are a number of ways to address these shortages, and one recently proposed by the PUC is to manipulate the current wholesale generation pricing structure in an effort to induce more generators to enter the market. To that end, the PUC has recently proposed new and amended rules that would incrementally raise the price cap for electric generation from the current cap of $3,000 per megawatt/hour to $4,500 per megawatt/hour on August 1, 2012, $5,000 on June 1, 2013, $7,000 on June 1, 2014, and $9,000 on June 1, 2015. These proposals were published in the April 27, 2012 edition of the Texas Register as an amendment to rule 25.505 and a new rule 25.508. The PUC has asked that any comments on these proposals be submitted by May 29, 2012 on the proposed new rule, and by June 1, 2012 on the proposed amendment.
PHONE: (512) 431-7484
Fax: (512) 367-5997
STREET ADDRESS:
9600 Escarpment Boulevard
Suite 745-19
Austin, Texas 78749
Fax: (512) 367-5997
STREET ADDRESS:
9600 Escarpment Boulevard
Suite 745-19
Austin, Texas 78749
