SC H3309

Restructures the Public Service Commission from seven members to three elected at-large by the General Assembly, with salaries set at 90% of Supreme Court Associate Justice pay

Requires electrical utilities to competitively procure renewable energy and energy storage resources, with target volumes aligned to 2023 integrated resource plans and resources to be in service by January 1, 2035

Establishes expedited 6-month review timelines for state agency permits on energy infrastructure projects, with applications deemed approved if agencies fail to act within the deadline

Creates economic development rate programs allowing utilities to offer discounted rates to qualifying customers (500+ kW load, 50+ employees, $400,000+ investment) and transformational customers (50+ MW, 500+ employees, $100 million+ investment)

Mandates utilities invest in cost-effective energy efficiency and demand-side management programs, with triennial commission review and annual reporting requirements on program performance and savings