This 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 may establish, construct, maintain, and regulate electric light plants and other electricity generation facilities. Additionally, it states that cities and towns operating electricity production facilities under an agreement are not classified as public utilities, thereby exempting them from certain regulatory provisions.
Key amendments include the insertion of language that emphasizes the municipalities' powers to carry out their objectives without restriction and the ability to issue revenue bonds for electrical systems located on municipal property. The bill also clarifies that municipalities may operate electrical systems for wholesale energy production, provided they have an agreement with the relevant public utility. The effective date for this act is set for July 1, 2025.
Statutes affected: Draft 25LSO-0027: 15-1-702, 15-7-101, 15-7-111, 37-1-101