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      H.B. No. 912         AN ACT   relating to the compensation of a distributed renewable generation   owner in certain areas outside of ERCOT.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 39.554, Utilities Code, is amended by   amending Subsection (f) and adding Subsection (i) to read as   follows:          (f)   Unless the commission approves an alternative method   for compensating a distributed renewable generation owner for   electricity generated by distributed renewable generation or a   qualifying facility, for  [ For ] a distributed renewable generation   owner that chooses interconnection through a single meter under   Subsection (e):                (1)  the amount of electricity the owner generates   through distributed renewable generation or a qualifying facility   for a given billing period offsets the owner's consumption for that   billing period; and                (2)  any electricity the owner generates through   distributed renewable generation or a qualifying facility that   exceeds the owner's consumption for a given billing period shall be   credited to the owner under Subsection (g).           (i)     Before approving an alternative method for compensating   a distributed renewable generation owner for electricity generated   by distributed renewable generation or a qualifying facility, the   commission shall require the electric utility to conduct and submit   to the commission a comprehensive cost-benefit analysis using   established best practices to justify the rates of compensation and   any associated fees.   The commission must consider the   comprehensive cost-benefit analysis before approving alternative   rates for compensating distributed renewable generation owners or   the continuation of net metering, including any rates or fees that   apply only to distributed renewable generation owners and reflect   the value provided by the distributed renewable generation or   qualifying facility.          SECTION 2.  This Act takes effect September 1, 2026.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 912 was passed by the House on April   9, 2025, by the following vote:  Yeas 148, Nays 0, 1 present, not   voting.     ______________________________   Chief Clerk of the House                 I certify that H.B. No. 912 was passed by the Senate on May 7,   2025, by the following vote:  Yeas 31, Nays 0.     ______________________________   Secretary of the Senate       APPROVED:  _____________________                      Date                           _____________________                    Governor