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 all service territories in the state.

The bill also includes an effective date, stating that it will take effect on July 1, 2025. This legislation aims to promote fairness in the financial responsibilities of electric grid enhancements, ensuring that all ratepayers contribute equitably to the costs incurred for necessary improvements to the electric infrastructure.