Providing additional investment options for electric utilities under the 20 percent alternative compliance option of the clean energy transformation act's greenhouse gas neutral standard.

Summary

The bill amends state law so utilities can satisfy part of the greenhouse‑gas‑neutral electricity requirement through alternative compliance options such as payments, renewable energy credits, and investments in transmission, energy‑efficiency and electric‑vehicle infrastructure. It sets how those investments are counted and limits the sources of funding that can be used. The change expands the tools utilities have to reach the 2030‑2044 clean‑energy goals.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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