Enacts the "build to need act" to meet the state's electrification and climate related policy mandates; directs the public service commission to.

The bill enacts the "build to need act" to meet the state's electrification and climate related policy mandates. It directs the public service commission to implement a grid planning process that aligns with existing planning processes. The commission must develop a framework for advanced technologies and establish criteria for tier one and tier two projects. Electric corporations must file petitions for approval of tier one projects, including a community benefit plan. The commission is authorized to promulgate rules for record-keeping requirements for tier two projects.

Enacts the "build to need act" to meet the state's electrification and climate related policy mandates; directs the public service commission to.

The bill enacts the "build to need act" to meet the state's electrification and climate related policy mandates. It directs the public service commission to implement a grid planning process that aligns with existing planning processes. The commission must develop a framework for advanced technologies and establish criteria for tier one and tier two projects. Electric corporations must file petitions for approval of tier one projects, including a community benefit plan. The commission is authorized to promulgate rules for record-keeping requirements for tier two projects.