Relating to the prioritization of awarding grants and loans from the Texas Energy Fund for certain electric generating facilities.

SB 970 requires the Public Utility Commission of Texas to prioritize granting or loaning funds from the Texas Energy Fund to electric generating facilities with a capacity of at least 750 megawatts. This policy directly affects large-scale power plants seeking financial support through the state's energy fund. The bill mandates that applications for these grants or loans submitted on or after September 1, 2025, must be evaluated with preference for facilities meeting the 750-megawatt threshold. The provision applies only to new applications after the effective date and does not alter existing commitments.