Feb 13, 2025 · The Texas Energy Fund (TEF) will provide funding opportunities for electric generation projects—both inside and outside of the Electric Reliability Council of Texas (ERCOT) power region—through four programs based on an application process and award system developed by the Public Utility Commission of Texas.

Aug 29, 2024 · Texas is making significant strides to boost its energy security. On Aug. 29, it approved $5.38 billion in loans for 17 new dispatchable power projects.

Aug 30, 2024 · If all projects advance through a due diligence review, the portfolio would represent a total of $5.4 billion in loans. The funds are available through the Texas Energy Fund loan program,...

Jun 3, 2024 · Developers representing more than 41 GW of mostly gas-fired generation projects have indicated to state regulators they will apply for low-interest loans through the Texas Energy Fund. Voters...

The Texas Energy Fund is made up of four programs: In-ERCOT Generation Loan Program, Completion Bonus Grant Program, Outside ERCOT Grant Program and Texas Backup Power Package Program. Check out the current programs below to read more information on our loan and grant offerings.

Aug 29, 2024 · Commission Staff (Staff) has reviewed all 72 applications seeking funding under the Texas Energy Fund (TEF) In-ERCOT Loan Program. After evaluating the applications in consultation with the TEF administrator, Staff recommends that the Commission advance the application portfolio in Attachment 1 to this memo.

May 31, 2024 · The TEF is administered through four programs, each of which provides funding opportunities for electric generation projects—both inside and outside of the ERCOT power region—through loans and grants.

Nov 8, 2023 · Voters passed a constitutional amendment Tuesday that creates the Texas Energy Fund, injecting $10 billion of public money into energy infrastructure, including $7.2 billion for companies that want to build power plants in the state.

Feb 13, 2025 · What is the Texas Energy Fund (TEF)? The TEF provides grants and loans to finance the construction, maintenance, modernization, and operation of electric facilities in Texas.

As more facilities come online, Texas is making strides in diversifying its energy portfolio. More must be done, however, to ensure a steady future supply of electricity for Texas’ citizens and businesses.