TX SB1664

Transmission and distribution utilities must submit a stand-alone document with any rate change filing showing: rate changes by class, time period in effect, anticipated revenue (4-year projection for base rate increases), current and proposed delivery charges for average residential customers, and the difference between current and proposed charges

For base rate increases, utilities must disclose the anticipated total revenue to be received during the four-year period following the proposed implementation date

If a regulatory authority approves a rate change that differs from the utility's initial proposal, the utility must provide a new transparency document reflecting the approved changes

The Public Utility Commission must publish and update at least monthly on its website or Power to Choose website information on transmission and distribution utility rates in a format easily understood by the public

Takes effect September 1, 2025, and applies only to proceedings commencing on or after that date; passed the Senate 30-0 on April 7, 2025, and the House 135-0 on May 24, 2025