Digest: Makes a power company file with the PUC a plan for using grid enhancing technologies where doing so is cost-effective. Requires the plan to be updated every two years. (Flesch Readability Score: 61.8).
Declares a state policy regarding the electric transmission system.
Requires an electric company to file with the Public Utility Commission a strategic plan for using grid enhancing technologies where doing so is cost-effective. Requires the plan to be updated every two years. Requires an electric company to carry out the electric company's first filed strategic plan not later than January 1, 2030.
Requires an electric company to conduct a cost-effectiveness and timetable analysis of multiple strategies when proposing additions, improvements or modifications to a transmission system.
Takes effect on the 91st day following adjournment sine die.