Bill > SB556

This bill establishes new provisions for utility aid payments to municipalities and counties for certain energy storage facilities and liquefied natural gas storage facilities, defining an "energy storage facility" as property connected to the electrical grid that can receive, store, and convert electrical energy for sale or grid benefits, including technologies like batteries and pumped hydro, and a "liquefied natural gas storage facility" as one owned by specific utility companies. The bill amends existing laws to include these new facilities in the distribution of aid payments, specifically adding a new section (7m) to the statutes that outlines how payments will be calculated based on the name-plate capacity of energy storage facilities (at least one megawatt) and the net book value of liquefied natural gas storage facilities, with different distribution formulas for cities, villages, and towns, and their respective counties. It also modifies provisions related to production plants to encompass these new storage facilities, ensuring that payments are not reduced if some units cease operation and that payments are determined based on the year before the first unit stopped operating, with these changes taking effect for distributions after January 1, 2027.

Budget and Finance, Business and Industry

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