Section 34.0103 - [See Note] Grants For Facilities Outside Ercot Power Region(a) The commission may use money in the fund without further appropriation to provide grants to be used for transmission and distribution infrastructure and electric generating facilities in this state outside the ERCOT power region for: (1) facility modernization; (2) facility weatherization; (3) reliability and resiliency facility enhancements; or (4) vegetation management. (b) In evaluating an application for a grant under this section, the commission: (1) shall evaluate whether the project for which the grant is requested is reasonable; and (2) may consider any other appropriate factors. (c) Information submitted to the commission in an application for a grant under this section is confidential and not subject to disclosure under Chapter 552, Government Code. (d) Proceeds of a grant received under this section may not be used for: (1) compliance with weatherization standards adopted before December 1, 2023; or Tex. Util. Code § 34.0103
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 465,Sec. 2, eff. on the date on which the constitutional amendment proposed by the 88th Legislature, Regular Session, 2023, providing for the creation of the Texas energy fund to support the construction, maintenance, modernization, and operation of electric generating facilities takes effect. If that amendment is not approved by the voters, this Act has no effect..