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Austin, TX – In an emergency open meeting, timed to prevent possible disconnections for non- payment on Monday, the Public Utility Commission of Texas issued a series of orders intended to protect Texas electricity customers while leaders in the state consider solutions for the financial aftershocks of the winter storm grid event.
The orders addressed the following:
The orders are applicable to customers of investor owned utilities (IOUs) across the state that fall under the PUC’s jurisdiction (namely Oncor, AEP, CenterPoint, and TNMP). (Note: these provisions do not apply to municipally owned utilities or electric cooperatives that are not within the PUC’s jurisdiction in this area.)
In the meeting deliberations, the Commission strongly urged retail electric providers to delay invoicing for residential and small commercial electricity customers, including invoices with estimated meter reads
“Our absolute top priority as a commission and a state is protecting electricity customers from the devastating effects of a storm that already affected their delivery of power,” said Chairman DeAnn Walker. “The order and directives are intended to be temporary, likely through the end of this week, to address the potential financial impacts that are especially challenging during this extremely difficult time.”
The meeting’s second order was directed at the Electric Reliability Council of Texas, calling on it to exercise the discretion under ERCOT protocols to deviate from protocol deadlines and timing related to settlements, collateral obligations, and invoice payments (which could lead to further market instability) while leaders in the state consider solutions to the financial challenges caused by the grid event.