An act relating to sharing the costs of electric grid upgrades

This bill requires Vermont's Public Utility Commission (PUC) to create rules ensuring electric grid upgrade costs are shared fairly among all utility customers. It mandates the PUC adopt initial rules by July 2026 for cost-sharing within each utility's service area, and additional rules by July 2031 for statewide cost-sharing regardless of utility boundaries. These rules aim to distribute grid modernization expenses evenly across all ratepayers in the state. The law takes effect on July 1, 2025, directly affecting all Vermont residents and businesses paying electricity bills.