Electric utility regulation; energy efficiency programs.

Electric utility regulation; energy efficiency programs; industrial customers. Revises the definition of "large general service customer" from a customer with a verifiable history of demand from 500 kilowatts from a single meter of delivery to one with one megawatt at a single site. Large general service customers are exempt from the costs of certain energy efficiency programs if the State Corporation Commission finds that such customer has implemented energy efficiency programs that have produced or will produce measured and verified results consistent with industry standards and other regulatory criteria. The measure requires the Commission to adopt regulations (i) establishing the process for large general service customers to apply for such an exemption, (ii) establishing the administrative procedures by which eligible customers will notify the utility, and (iii) defining the standard criteria that is required to be satisfied by an applicant in order to notify the utility, including means of evaluation measurement and verification and confidentiality requirements. The bill requires such rules and regulations to require that each exempted large general service customer certify to the utility and Commission that its implemented energy efficiency programs have delivered measured and verified savings within the prior five years.