The bill aims to enhance the transmission capacity of electric utilities in Washington State by introducing new categorical exemptions for certain utility-related actions. Specifically, it allows for the upgrading or rebuilding of existing electric powerlines and the implementation of grid-enhancing technologies without the need for compliance with certain environmental regulations, provided these actions occur within existing rights-of-way and previously disturbed lands. Additionally, the bill mandates that utilities notify the Department of Archaeology and Historic Preservation and relevant Indian tribes before commencing projects that fall under these exemptions, ensuring that any archaeological or cultural resources are identified and protected.
Furthermore, the bill amends existing laws to encourage the development of integrated resource plans by electric utilities, which must include comprehensive assessments of demand forecasts, resource adequacy, and the integration of renewable resources. It also introduces an incentive rate of return on investments in grid-enhancing technologies and reconductoring projects, which are defined as improvements that increase the capacity and efficiency of the electrical grid. This incentive is designed to promote the deployment of advanced technologies and infrastructure improvements that benefit ratepayers, with specific provisions for projects initiated after July 1, 2025.
Statutes affected: Original Bill: 19.280.030
Substitute Bill: 19.280.030