This bill proposes to amend current statutes by adding a new section to Title 40 of the Arizona Revised Statutes, specifically Section 40-104. The new provisions would require the Corporation Commission to allow retail electric customers to opt out of service from their current electric public service corporation if that corporation or its parent company commits to going net zero or compensates employees based on clean energy commitments. Additionally, the Commission would be mandated to adopt rules that facilitate this opt-out process and establish guidelines for alternative electric service provision within the original service territory.

Furthermore, the bill defines key terms such as "Commission," "Electric Service," "Net Zero," "retail electric customer," and "Service territory," all of which align with existing definitions in Section 40-201. The proposed changes aim to enhance customer choice in electric service providers while promoting commitments to carbon reduction and clean energy initiatives.

Statutes affected:
Introduced Version: 40-104
House Engrossed Version: 40-104