H.279 is a bill introduced by Representatives Masland, Eastes, Mrowicki, and Olson, which mandates the Public Utility Commission (PUC) to establish rules for the equitable sharing of costs associated with electric grid upgrades among ratepayers. The bill specifies that by July 1, 2026, the PUC must adopt standards and procedures to ensure that costs for improvements or upgrades to the electric transmission and distribution grid within a utility's service territory are distributed fairly among all ratepayers. Additionally, by July 1, 2031, the PUC is required to implement rules for sharing costs of grid upgrades across the entire state, regardless of the specific utility service territory.

The bill also includes a provision stating that it will take effect on July 1, 2025. This legislation aims to promote fairness in the financial responsibilities of ratepayers concerning necessary upgrades to the electric grid, ensuring that no single group bears an undue burden.