Establishing the private energy campus and industrial host-site electric generation act to authorize the provision of energy services to private enterprises located on a private energy campus.

HB 2664 creates a legal framework for private energy campuses - such as large data centers, manufacturing facilities, or hydrogen plants - located on contiguous private property to generate and sell electricity exclusively to businesses on the same site. It exempts these private energy sales from standard public utility regulations and net metering requirements, while allowing campuses to connect to the broader grid for emergency backup or energy exports through voluntary agreements with electric utilities. The bill requires utilities to approve these agreements (with state commission oversight for regulated utilities), but keeps utility rates and terms for private campus-to-campus power sales outside regulatory jurisdiction. This directly affects large industrial and data center enterprises seeking self-sufficiency, without altering service for residential or small commercial customers.