Relating to performance-based regulation of electric utilities.

Added specific public interest objectives including developing distributed energy resources, enhancing low-income customer services, and improving utility efficiency to reduce costs.

Changed from a direct $500,000 appropriation to increasing the expenditure limit on existing commission fees and revenues by $974,013.

Added a requirement limiting expenditures from certain moneys collected by the commission for performance-based regulation purposes.

Updated Senate ordering date from March 27 to June 19 and added Senate Amendments dated March 27 and June 19.

Added Senator Neron as a co-sponsor to the bill.

Changed the term 'electric utility' to 'electric company' by referencing an existing definition in ORS 757.600.

Changed mandatory language ('shall') to permissive language ('may') for the commission's ability to investigate, develop, adopt frameworks, and establish reportable metrics.

Added $500,000 in funding from the General Fund for the 2025-2026 biennium to support the commission's work on performance-based regulations.

Added three new Senate sponsors (MANNING JR, MEEK, SOLLMAN) to the bill.

Updated the digest summary to reflect the new funding and changed terminology.