This bill amends Chapter 3, Title 61 of the Idaho Code by adding a new section, 61-335, which establishes provisions for competitive procurement and ratepayer protection concerning new large electric loads. A "new large load" is defined as any electric load that increases power requirements by thirty megawatts or more within a twelve-month period. The bill stipulates that public utilities cannot provide service for these new large loads from existing resources or those planned for general ratepayers within the next ten years. Instead, costs associated with the new service can only be recovered from the specific customer requesting it, prohibiting cost recovery from other ratepayers.

Additionally, the bill allows electric consumers to procure electric service for new large loads from entities other than the designated public utility, promoting competition in the supply of electric service. The public utility is required to make its facilities available at cost to support this competitive procurement. The Idaho Public Utilities Commission is granted the authority to create rules to implement these provisions and resolve disputes, ensuring that there are no cost shifts to other customers. The bill declares an emergency, making it effective from July 1, 2025.