This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.
Texas Provision Addressing Present and Future Demands for Electricity in the Premises
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The law sets a long-range target for the state to get 10 percent of its electricity from renewable energy by 2025. The legislation also streamlines the ability of the Public Utility Commission to order construction of new transmission lines to meet the state's renewable goal.
Texans are being asked to conserve electricity after a high number of fossil fuel plants unexpectedly went offline even as the intense summer heat ebbs.
The Public Utility Commission (PUC) is the state agency that regulates electric, telephone and water utilities for the state of Texas. Its mission is to protect customers, foster competition and promote high quality infrastructure. In other words, the PUC writes and enforces the rules by which utilities abide.
Senate Bill 1287, which would require the Public Utility Commission to set a cap for how much Texans would have to pay for power producers to connect to the state's power grid ? and require the companies to pick up the rest of the cost.
A Conservation Appeal is an elevated request for Texans to reduce their energy use during peak demand periods when there is a potential to enter emergency operations due to lower reserves. Help from Texans to conserve electricity use, if safe to do so, will assist grid reliability.
The deregulated Electric Reliability Council of Texas (ERCOT) proved unequal to distributing energy under extreme pressure, resulting in widespread blackouts and wholesale electricity prices going from $25 per megawatt-hour (MWh) to $9,000 per MWh.
ERCOT says the requests help reduce strain on the power grid when demand is high and supply is tight. But the frequency of these conservation calls has provoked frustration among some Texans. Some are even wondering why they keep being asked to do it for free.
A Voluntary Conservation Notice is a call for Texans to voluntarily reduce energy usage during peak demand periods, if safe to do so. Conservation is a common tool used throughout the industry to support grid reliability.
