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. It amends several sections of the Revised Code of Washington (RCW), specifically RCW 35.92.052, 54.44.020, 54.16.090, and 43.52.300. 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 range of entities, particularly in renewable energy and energy storage. The bill also clarifies that agreements can encompass joint ventures and limited liability company arrangements, ensuring that ownership stakes are proportional to financial contributions.
Additionally, the bill removes outdated references to coal-fired thermal electric generating plants and emphasizes the need for agreements to clearly outline ownership percentages and financial responsibilities. It establishes that cities and districts are only liable for their own actions, not for the obligations of others, and mandates tax payments related to shared facilities. The legislation also empowers operating agencies to engage in various activities related to electricity generation and transmission, including negotiating agreements and establishing rates. A significant addition allows joint operating agencies to collaborate with each other and electrical companies, including rural electric cooperatives, to promote equitable participation in the development of electric generating plants and renewable energy solutions.
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
Session Law: 35.92.052, 54.44.020, 54.16.090, 43.52.300