An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in restructuring of electric utility industry, providing for development of grid infrastructure.

HB 705 requires Pennsylvania's Public Utility Commission to issue grid security guidelines within 180 days, mandating electric distribution companies to develop and file detailed infrastructure plans within one year. These plans must address grid security against cyber/physical threats, electrify public infrastructure (like transit and emergency services), deploy modern technologies (energy storage, EV chargers), and ensure equitable coverage in underserved areas. Companies must evaluate impacts on grid reliability, economic development, customer rates, and low-income households before submitting plans for commission approval. The bill directly affects all electric distribution companies operating in Pennsylvania, requiring them to coordinate with state agencies and community representatives to modernize the grid for growing demand.