The proposed bill would amend current statutes by adding new requirements for electric public service corporations and public power entities regarding their generating capacity. Specifically, starting January 1, 2030, these entities must ensure that at least 85% of the generating capacity relied upon to serve retail load customers consists of reliable resources. The bill also outlines the responsibilities of the Arizona Corporation Commission (ACC) in enforcing these standards, including the requirement for the ACC to ensure compliance through integrated resource plans and to make annual reports publicly available.

Additionally, the bill introduces definitions for key terms such as "generating capacity," "intermittent availability," and "reliable resource," which clarify the types of resources that qualify under the new standards. It emphasizes the ACC's role in prioritizing reliability and adequacy of service and prohibits the approval of resource actions that would cause a public service corporation's generating capacity to fall below the required threshold. The legislation is intended to enhance the reliability of electric service and is officially titled the "Energy Reliability Standards Act."

Statutes affected:
Introduced Version: 40-207
House Engrossed Version: 30-812, 40-207