The bill proposes significant changes to the regulation of public utilities in Wyoming, specifically by repealing the low-carbon energy standard requirements and related provisions. It amends definitions related to electric generation facilities, including the terms "dispatchable" and "reliable," to clarify their meanings in the context of electricity generation. Additionally, it repeals certain sections of existing law that are deemed conflicting or unnecessary, including definitions and provisions related to carbon capture technology.

Furthermore, the bill mandates that public utilities must refund customers for any rates recovered under the repealed provisions, with specific exceptions for expenditures related to carbon capture technology incurred before the bill's effective date. The public service commission is tasked with creating the necessary rules to implement these changes, and the act is set to take effect immediately upon the completion of legislative procedures.

Statutes affected:
Introduced: 37-1-101, 37-2-134, 37-18-101, 37-18-102