To promote demand-side management programs for electricity, the public utilities commission (commission) was authorized in 2007 to establish the following electricity goals for investor-owned electric utilities to achieve by 2018:
- A demonstrated reduction of peak demand by at least 5% of the retail peak demand level in 2006; and
- Demonstrated energy savings of at least 5% compared to the energy sales in 2006.
The bill extends the programs to 2028 and requires the commission to set goals of at least 5% peak demand reduction and 5% energy savings by 2028 for demand-side management programs implemented during 2019 through 2028 when compared to 2018 numbers.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)