Electric cooperatives; on-bill tariff programs, definitions.

Electric utilities; on-bill tariff programs.Authorizes electric utilities to establish on-bill tariff programsunder which the utility and a customer enter into an agreement thatprovides for the costs, including financing costs, of energy efficiencymeasures to be paid by or through the utility and repaid by the customerby means of an energy savings charge on the customer's monthly bill.Under the bill, energy efficiency measures can include heating andair conditioning systems, water heaters, weatherization, insulation,window and door modifications, appliances, and automatic or Internet-connectedcontrol systems. The bill provides terms for such on-bill tariff programs for investor-owned utilities and utility consumer services cooperatives. Additionally, the bill authorizes electric utilitiesto establish similar on-bill tariff programs for electrificationand renewable facilities, which include equipment, facilities, Internetconnectivity, electric vehicle charging, backup generators, and storagefacilities.