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SB1588Introduced in the Senate

Relating to inclusive utility investment programs.

Failed

Introduced by Jeffrey Golden, District 3

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Tells each power company to make a program to help pay for energy projects that reduce customers' costs. Sets out program standards. (Flesch Readability Score: 64.9). Requires each electric company to develop an inclusive utility investment program to provide financing for customers' energy efficiency upgrades or renewable energy projects. Requires an inclusive utility investment program to provide savings reflected in the reduction in a customer's electricity or energy utility costs. Allows the Public Utility Commission to establish minimum financial savings standards and adopt and provide electric companies with performance incentives.

Where it stands

In committee upon adjournment.

March 6, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduction and first reading. Referred to President's desk.

  2. Referred to Energy and Environment.

  3. Public Hearing held.

  4. Work Session held.

  5. In committee upon adjournment.

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