Relating to a capacity cost recovery rider for certain electric utilities.

HB 3230 creates a special billing mechanism ("capacity cost recovery rider") for certain Texas electric utilities operating solely outside the ERCOT grid in Southeastern Electric Reliability Council areas. It allows these utilities to recover annual costs and revenues from federal energy auctions and power purchase agreements (under FERC jurisdiction) through an annual rate adjustment, rather than waiting for traditional rate cases. The bill prevents double-counting by requiring utilities to remove these costs from base rates if the rider is in place. This directly affects specific utilities in non-ERCOT regions participating in multi-state energy markets.