Can't emphasize this enough. Every power purchase agreement, for every company doing business in Texas, will have to be renegotiated to be higher as "change in law" provisions are exercised. Everyone's bills are going up if HB 3356 passes.
The House Committee on State Affairs will likely vote on HB 3356 in a few minutes. This is a major threat, not just to renewable energy, but to the Texas economy. @txbiz study by @AuroraER_Oxford says it will result in a $6 million increase for industrial customers. #txlege 1/🧵