SB1963 — Relating to a financing mechanism allowing electric utilities to obtain recovery of costs associated with a weather-related event or other natural disaster; granting authority to issue bonds.

SB1963 — Relating to a financing mechanism allowing electric utilities to obtain recovery of costs associated with a weather-related event or other natural disaster; granting authority to issue bonds. · Informed CitizenrySB 1963 amends the Utilities Code to establish a financing mechanism for electric utilities operating outside of the Electric Reliability Council of Texas (ERCOT) to recover costs associated with s…Open in Informed Citizenry