Relating to reliability requirements for certain electric generation facilities.

Added eligibility criteria requiring facilities to have a standard generator interconnection agreement signed on or after January 1, 2027, and to have been in operation for at least one year.

Added new Section 1(d) preventing the independent organization from imposing penalties for resource unavailability due to planned maintenance, transmission outages, or during specific hours outside baseline ramping periods.

Added Section 3(b) exempting owners or operators with pre-existing power purchase agreements from compliance with performance requirements until the agreement expires.

Added Section 4 requiring the Public Utility Commission to consider penalty rebates to consumers or reliability incentives, prioritizing maximum financial benefit to consumers while meeting reliability needs.

Added Section 4(b) allowing financial penalties and incentives to be implemented in a phased manner over multiple years to mitigate market disruptions and increased consumer costs.

Section 3(a) requires the Public Utility Commission to adopt implementing rules by January 1, 2027.