The bill amends the Clean and Renewable Energy and Energy Waste Reduction Act by introducing new definitions and provisions related to efficient electrification measures and community solar facilities. It defines "efficient electrification measure" as electric appliances or equipment that replace fossil fuel combustion for various building uses, and establishes a framework for promoting these measures through an "efficient electrification measures plan" and program. Additionally, the bill modifies the definition of "electric provider" to exclude municipally owned and cooperative electric utilities in certain contexts, while also introducing a new section (Part 9) that outlines the requirements and operations of community solar facilities.

Part 9 specifies the criteria for community solar facilities, including the generation of electricity through solar photovoltaic devices and the allocation of bill credits to subscribers based on their subscriptions. It mandates that electric providers apply these bill credits to subscribers' monthly bills for at least 25 years and requires subscriber organizations to maintain and update a list of subscribers. The bill also clarifies the ownership of renewable energy credits generated by community solar facilities, designating them as the property of the subscriber organization. The enactment of this bill is contingent upon the passage of Senate Bill No. 519.

Statutes affected:
Senate Introduced Bill: 460.1005