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Bill to let public utilities form joint ventures with non‑utility partners wins broad support in committee hearing
Summary
Representatives of public utility districts and Seattle City Light told the Environment & Energy Committee that HB 1253 would help consumer‑owned utilities share risks, access federal tax‑credit direct pay and develop generation and storage to meet strong new demand from electrification and industrial customers.
House Bill 1253, discussed in the Environment & Energy Committee, would expand the range of entities that consumer‑owned electric utilities may partner with to develop, own, finance and operate electric generating and transmission facilities. The bill would explicitly permit joint venture and limited liability company agreements and would include renewable generation and energy storage among eligible projects.
Sponsor Representative Barra said the change responds to rapidly growing electricity demand and…
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