This bill amends current law to exempt municipal electric utilities from regulation by the Board of Public Utilities (BPU). Under existing regulations, if a municipality supplies any product, including electricity, beyond its corporate limits, it is classified as a public utility and falls under BPU oversight. The bill specifically removes the classification of municipal electric utilities as public utilities when they provide electricity outside their boundaries, thereby eliminating BPU's authority to regulate their rates and operations.

Additionally, the bill clarifies that while municipal electric utilities will not be subject to BPU regulation, the Board will still maintain jurisdiction over disputes related to the service territories of these utilities, aligning with the treatment of rural electric cooperatives. This change aims to provide greater autonomy to municipal electric utilities in managing their operations and rates without BPU intervention.

Statutes affected:
Introduced: 48:2-13.1