Regulatory

Texas PUC Denies RPS Petition From the Environmental, Renewable Groups

Texas PUC Denies RPS Petition From the Environmental, Renewable Groups

The Texas PUC denied a petition Friday from the Sierra Club and other environmental and renewable groups to grow the non-wind renewable portfolio standard. The groups wanted the PUC to initiate and conduct a rulemaking proceeding relating to the…

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Regulatory

Public Utility Commission of Texas Votes to Raise Wholesale Electricity Price Cap

Public Utility Commission of Texas Votes to Raise Wholesale Electricity Price Cap

The Public Utility Commission (PUC) of Texas voted Thursday to raise the wholesale electricity cap from the current $3,000 per megawatt-hour (mWh) to…

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Regulatory

ERCOT PUC to Raise Price Cap for Summer 2012

ERCOT PUC to Raise Price Cap for Summer 2012

Yesterday the Texas Public Utility Commission voted to approve, for comment, a proposed rule to increase the High System-Wide Offer Cap (HCAP) to $4,500 beginning August 1, 2012 until June 1, 2013. Ultimately, the Commission determined…

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