Bill > SB556

This bill establishes new provisions for utility aid payments to municipalities and counties for certain energy storage facilities and liquefied natural gas (LNG) storage facilities. It defines an "energy storage facility" as property connected to the electrical grid that can receive, store, and convert electrical energy, and deliver it for sale or grid benefits, owned by specific types of utility companies. It also defines a "liquefied natural gas storage facility" similarly for LNG storage. The bill amends existing laws to include these new facilities in the distribution of aid payments, specifically adding a new subsection (7m) to section 79.04 of the statutes. Under this new subsection, municipalities and counties will receive payments based on the capacity of energy storage facilities (at least one megawatt) or the net book value of LNG storage facilities. The distribution of these payments will be split between the municipality/village and the county, or the town and the county, with specific formulas outlined. The bill also modifies existing provisions regarding payments for production plants that include multiple generation or storage units, ensuring that payments are not reduced if some units cease operation after a certain date, and clarifies when payments for these facilities are made. These new provisions will apply to distributions made after January 1, 2027.

Budget and Finance, Business and Industry

https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb556