Regulate the ownership of electric vehicle charging stations

Added new requirements for utility companies to submit detailed valuation reports to the Public Utilities Commission, including specific costs for land, rights-of-way, and water service line replacements.

Established a mechanism where water utilities must reimburse customers for replacing lead water service lines, with those costs included in utility rates.

Corrected statutory references to align with previous legislation (Senate Bill 103) and updated the list of repealed sections to include the newly added utility valuation sections.

Eliminated the requirement for electric distribution utilities to own or operate publicly available electric vehicle charging stations.

Deleted provisions prohibiting utilities from charging subsidized rates to affiliates for public charging stations.

Removed the 'area of last resort' concept that would have forced utilities to build chargers in rural areas lacking alternatives.

Added extensive new definitions for modern energy concepts including 'ancillary service,' 'advanced energy project,' 'green energy,' and 'smart grid' to update the legal code.

Added definitions for various energy technologies and resources including renewable energy, waste energy recovery, and linear generators.

Changed the legal framework from a utility ownership mandate to a competitive market model where EV charging is listed as a standard retail service option.

Deleted the requirement that utility rate revenues cannot subsidize public charging station investments.