The bill clarifies the authority of cities and towns in Wyoming to construct electricity production facilities and outlines the conditions under which revenue bonds can be issued for these facilities. It specifies that municipalities operating electricity production facilities under an agreement with a public utility are not classified as public utilities themselves. Key amendments include the insertion of language that emphasizes the municipalities' powers to carry out their objectives without restriction, the ability to construct various electricity generation facilities, and the stipulation that revenue bonds can only be issued for municipal property-related electrical systems.
Additionally, the bill modifies the definition of "public utility" to exclude municipal operations under certain agreements, ensuring that municipalities can engage in wholesale energy production without being classified as public utilities. It also clarifies that customer-generators do not include municipalities operating under such agreements. The act is set to take effect on July 1, 2025.
Statutes affected: Draft 25LSO-0027: 15-1-702, 15-7-101, 15-7-111, 37-1-101