summary
Introduced
10/21/2025
10/21/2025
In Committee
10/28/2025
10/28/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Public Utilities Act. In provisions concerning the recovery of costs associated with the provision of delivery and other services, provides that electric utilities shall not require or collect any security deposit, cash deposit, letter of credit, advance payment, or any other equivalent financial assurance from a large demand project applicant who submits a service or interconnection request if that applicant (1) submitted an application for interconnection or service under existing Commission-approved tariffs and (2) is in good standing with the interconnection and construction requirements applicable to the applicant's service request. Provides that electric utilities shall not delay investment to support, provide service, or interconnect large demand project applicants as a result of the changes made by the amendatory provisions. Provides that the amendatory provisions shall not be construed to limit the following: (1) a utility's enforcement of Commission-approved technical standards for interconnection, (2) a utility's enforcement of reasonable milestones for construction progress, and (3) a utility's ability to recover all costs prudently and reasonably incurred. Provides that the amendatory provisions are inoperative September 1, 2026. Defines "large demand project applicant". Effective immediately.
AI Summary
This bill amends the Public Utilities Act to provide temporary relief for large demand project applicants seeking electrical service or interconnection. Specifically, electric utilities are prohibited from requiring security deposits, cash deposits, letters of credit, or advance payments from large demand project applicants (defined as projects with a projected load over 50 megawatts) who have submitted an application under existing Commission-approved tariffs and are in good standing with interconnection and construction requirements. The bill aims to promote economic development and attract investment in advanced manufacturing and digital infrastructure by reducing financial barriers for large projects. While utilities cannot delay investment or service for these applicants, they retain the right to enforce technical interconnection standards, reasonable construction milestones, and recover all prudently incurred costs. The provisions are temporary and will become inoperative on September 1, 2026, giving the legislature and regulatory bodies time to develop more comprehensive policies regarding utility deposit practices and transmission service agreements. The bill's intent is to provide economic support without compromising utility system reliability or financial integrity.
Sponsors (1)
Last Action
Referred to Rules Committee (on 10/28/2025)
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