SB 1588 Oregon 2026R1 session

Relating to inclusive utility investment programs.

Requires each electric company to develop an inclusive utility investment program to provide financing for customers' energy efficiency upgrades or renewable energy projects. Requires an inclusive utility investment program to provide savings reflected in the reduction in a customer's electricity or energy utility costs. Allows the Public Utility Commission to establish minimum financial savings standards and adopt and provide electric companies with performance incentives.

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

In committee — last recorded action March 7, 2026

In committee upon adjournment.

Passage likelihood

42% Comparable to other bills at this stage

This is an estimate, not a guarantee. It is computed from the signals listed below and nothing else. It does not account for leadership priorities, floor scheduling, or negotiations that are not in the public record.

What the estimate is based on

  • Historical base rate About 20% of introduced state bills are enacted.
  • Current stage Referred to committee.
  • Cosponsors 18 cosponsors.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. In committee upon adjournment.
  2. Work Session held.
  3. Public Hearing held.
  4. Referred to Energy and Environment.
  5. Introduction and first reading. Referred to President's desk.
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