SB276 - Phase I and Phase II Utilities; SCC to study feasibility of an energy upgrade program.

1 Co-Sponsor

Energy upgrade programs; Phase I and Phase II Utilities; State Corporation Commission to study feasibility; work group; report. Directs the State Corporation Commission to convene a work group to study the feasibility of the implementation of an energy upgrade program for eligible customers opting to participate by each Phase I and Phase II Utility, which program would permit such utility to (i) install one or more energy projects, as defined in the bill, at a participant's location and (ii) collect a special rate, as defined in the bill, to repay the costs of such installation. The bill requires the Commission to report the findings and recommendations of the work group to the Chairmen of the House Committee on Labor and Commerce, the Senate Committee on Commerce and Labor, and the Commission on Electric Utility Regulation by January 1, 2025. Energy upgrade programs; Phase I and Phase II Utilities; State Corporation Commission to study feasibility; work group; report. Directs the State Corporation Commission to convene a work group to study the feasibility of the implementation of an energy upgrade program for eligible customers opting to participate by each Phase I and Phase II Utility, which program would permit such utility to (i) install one or more energy projects, as defined in the bill, at a participant's location and (ii) collect a special rate, as defined in the bill, to repay the costs of such installation. The bill requires the Commission to report the findings and recommendations of the work group to the Chairmen of the House Committee on Labor and Commerce, the Senate Committee on Commerce and Labor, and the Commission on Electric Utility Regulation by January 1, 2025.