Municipal electric utilities.

Provides that a contract for the procurement of electricity or purchased power capacity that is entered into after June 30, 2020, by a municipally owned electric utility must, to the extent practicable, be the result of the solicitation by the utility of competitive bids to obtain electricity or purchased power capacity from alternative suppliers. Requires the utility to make available for public inspection and copying under the statute governing access to public records: (1) a verified copy of such a contract; or (2) a memorandum of the contract that includes information concerning certain specified terms of the contract. Requires a municipally owned electric utility to monitor, and maintain data on, the levels of peak demand and electricity usage on the electric utility's electric system, including seasonal and time-of-day variation in such levels. Requires the utility to: (1) compile the required data on a calendar year basis; (2) maintain the data compiled for a particular calendar year for a period of five years; and (3) make the data available for inspection and copying at the offices of the utility in accordance with the statute governing access to public records.