SB 453: Microgrid incentive program.

This bill aims to improve the microgrid incentive program for distribution customers of large electrical corporations. The Public Utilities Commission must require each electrical corporation to provide the commission with the status of awarded or unallocated funds collected for the program by January 15, 2026. The commission will review this information and consider using a third-party administrator if additional funds are needed. Unallocated funds must be allocated to areas that have experienced 2 or more deenergization events, prioritizing vulnerable communities and critical community infrastructure. Any remaining unallocated funds on January 1, 2027, will be returned to ratepayers.