Modifies provisions for utility growth projects

HB 2248 creates a new discount program for large commercial and industrial utility customers expanding their electricity load. It offers two discount tiers: a 35% discount for new loads between 300 kW and 10 MW (applied for 5 years) and a 35% discount for loads between 10 MW and 75 MW (applied for 10 years), both requiring a minimum load factor. Discounts are calculated to ensure utilities recover 120% of their variable costs to serve the new load, with annual verification required to maintain eligibility. Customers must apply 90 days in advance and meet specific load size, load factor, and economic development incentive criteria.