Research, Policy

ERCOT Reform: House State Affairs Unveils PCM Proposal

Rob Rains, Senior Vice President & Energy Analyst
20 April 2023


House State Affairs Committee Chair Todd Hunter (R) rolled out a substitute bill for SB 2012 [which passed the Senate] in the House committee April 20, signaling that the House is likely leaning towards adopting a modified Performance Credit Mechanism (PCM) with “guardrails” to try to limit the overall cost to ratepayers.

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