Exempts certain retail electric sales from regulation by the public service commission.
The bill exempts the retail sale of electricity by specific entities from regulation by the public service commission. These entities include individuals not regulated as public utilities, cooperative electric utilities, and municipal utilities. The exemption applies to sales to one customer or up to four customers with a combined load of at least five megawatts. The bill also specifies that existing agreements, contracts, or tariffs can remain in effect but must conform to the new regulations. The changes take effect July 1, 2026.
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