Electric utilities; pilot program for electric energy conservation, solar energy generation.

The document layout was changed from a standard left-aligned format to a right-aligned format with line numbers, indicating this is a procedural revision rather than a policy change.

The deadline for utilities to petition the Commission for program approval was shortened from December 31, 2026, to December 1, 2026.

Funding requirements for the pilot program were changed from specific fixed amounts to minimum thresholds, requiring Phase II utilities to spend at least $23 million and Phase I utilities at least $5 million in the first year.

The document format was updated from an Enrolled Act to a Labor and Commerce Substitute Amendment, including the addition of page numbers and committee attribution.

Added specific funding mandates for a pilot program: Phase II utilities must invest $23 million and Phase I utilities $5 million in the first year, with annual increases tied to inflation or utility growth rates.

Created a new pilot program specifically for low-income, elderly, and disabled individuals, requiring utilities to prioritize these groups, including those in housing owned by redevelopment authorities.

Set a deadline of December 31, 2026, for utilities to petition the Commission to start the pilot program, and established a sunset date of July 1, 2034 for the funding requirements.

Required the State Corporation Commission to convene a technical conference by November 1, 2026, to evaluate a 'Pay As You Save' program modeled after standards used by the Energy Efficiency Institute.

The enrolled version retained the original text regarding securitized asset costs and energy upgrade programs but added the new pilot program and sunset provisions as additional enactments.