AZ HB2153

Amends Arizona Revised Statutes Title 40, Chapter 2, Article 1 by adding section 40-211 regarding energy efficiency standards for public service corporations.

Prohibits the Arizona Corporation Commission from requiring public service corporations to implement energy efficiency standards unless those standards are cost-effective to ratepayers.

Requires the Commission to evaluate whether specific energy efficiency programs proposed by public service corporations are cost-effective before mandating a particular energy efficiency standard.

Defines "cost-effective" as total incremental benefits exceeding total incremental costs over a five-year period.

Defines "incremental benefits" as avoided electricity costs and "incremental costs" as support, operational costs, performance incentives, and unrecovered fixed utility costs of the energy efficiency program.