The bill seeks to enhance the authority of consumer-owned utilities in Washington State by allowing them to enter into joint use agreements for the development, ownership, and operation of electric generating facilities and transmission systems. Key provisions include the insertion of language that permits cities of the first class, public utility districts, and joint operating agencies to collaborate with a wider array of entities, particularly in renewable energy and energy storage. The bill mandates that each participant in these agreements owns a share of any common facility that reflects their financial contribution, and introduces concepts such as joint ventures and limited liability company agreements.
Additionally, the bill removes outdated references to coal-fired thermal electric generating plants and clarifies the liability of participating cities, ensuring they are only accountable for their own actions. It emphasizes the need for a uniform method to allocate operational and maintenance expenses, with each participant responsible for its own financial obligations. The bill also empowers operating agencies to engage in various activities related to electricity generation and transmission, including establishing rates and negotiating agreements with various entities. A significant addition allows joint operating agencies to form agreements with each other and other entities for the development and ownership of diverse energy sources, ensuring equitable control over the facilities based on financial contributions.
Statutes affected:
Original Bill: 35.92.052, 54.44.020
Substitute Bill: 35.92.052, 54.44.020, 54.16.090, 43.52.300
Bill as Passed Legislature: 35.92.052, 54.44.020, 54.16.090, 43.52.300