Enacts the "grid resiliency act" to prevent the closure of major electric generation facilities and to provide tax credits for residential auxiliary.
The "grid resiliency act" prohibits state agencies or regulatory bodies from closing, decommissioning, or impairing the operations of major electric generation facilities, peaker plants, and simple cycle or regenerative combustion turbines, unless a new facility of equal capacity is operational. It also provides a tax credit of up to $7,500 for the purchase and installation of residential auxiliary electric generating equipment and a $10 per day credit for disruptions in electric or gas service for taxpayers with an annual gross income under $250,000.
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