HB 4887

relating to the provision of loans and grants from the Texas energy
fund for certain electric generating facilities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Subchapter A, Chapter 34, Utilities Code, is
amended by adding Section 34.01015 to read as follows:
Sec. 34.01015.  APPLICABILITY.  For the purposes of this
(1)  an electric generating facility is considered to
be dispatchable if the facility's output can be controlled
primarily by forces under human control; and
(2)  an electric generating facility that uses
petroleum, natural gas, coal, geothermal energy, hydroelectric
energy, or nuclear energy as the primary energy source is
SECTION 2.  Section 34.0104(a), Utilities Code, is amended
(a)  The commission may use money in the fund without further
appropriation to provide loans to finance upgrades to existing
dispatchable electric generating facilities providing power for
the ERCOT power region that result in a net increase of at least 100
megawatts of capacity for each facility or the construction of
dispatchable electric generating facilities providing power for
the ERCOT power region that each have a generation capacity of at
least 100 megawatts.  [For the purposes of this section, a
generating facility is considered to be dispatchable if the
facility's output can be controlled primarily by forces under human
control.]  An electric energy storage facility is not eligible for
SECTION 3.  Section 34.0105(a), Utilities Code, is amended
(a)  The commission shall provide, using money available in
the fund for the purpose without further appropriation, a
completion bonus grant for the construction of dispatchable
electric generating facilities in the ERCOT power region.  [For the
purposes of this section, a generating facility is considered to be
dispatchable if the facility's output can be controlled primarily
by forces under human control.]  An electric energy storage
facility is not eligible for a grant under this section.
SECTION 4.  This Act takes effect September 1, 2025.