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WA HB2581

WA HB2581
Providing additional investment options for electric utilities under the 20 percent alternative compliance option of the clean energy transformation act's greenhouse gas neutral standard.


summary

Introduced
01/20/2026
In Committee
01/20/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to providing additional investment options for 2 electric utilities under the 20 percent alternative compliance option 3 of the clean energy transformation act's greenhouse gas neutral 4 standard; and amending RCW 19.405.040. 5

AI Summary

This bill modifies the Clean Energy Transformation Act's greenhouse gas neutral standard by expanding the investment options available to electric utilities under the 20 percent alternative compliance option. Specifically, it allows utilities to count investments in areas such as addressing transmission capacity constraints, enabling and integrating distributed energy resources (like smart grid technology and electric vehicle charging infrastructure), and supporting electric vehicles for low-income or vulnerable populations towards their compliance goals. Each million dollars spent on these new investments will count as 0.25 percent towards the 20 percent alternative compliance allowance, provided the funds are not derived from specific state programs or grants and are not already mandated by other laws. The bill also clarifies that these investments must not use revenue from certain state programs or be required by other legal obligations.

Committee Categories

Agriculture and Natural Resources

Sponsors (6)

Last Action

First reading, referred to Environment & Energy. (on 01/20/2026)

bill text


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