The bill requires the Public Utilities Commission, in exercising its authority and duties, to consider the costs and benefits of a diverse fossil fuel portfolio and of maximizing the efficiency of all electric utility assets to lower and stabilize the cost of electricity, without subverting the electric utilities’ obligation to meet renewable portfolio standards. The bill could distract the PUC from focusing on clean energy development. Blue Planet and the Sierra Club among others testified in opposition. The PUC and DBEDT testified in support.
Excerpt from Capitol TV