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(2) $137,000 of the public service revolving account—state 1 appropriation is provided solely for the implementation of Engrossed 2 Second Substitute Senate Bill No. 5126 (climate commitment act). 3 (3) $179,000 of the public service revolving account—state 4 appropriation is provided solely for the implementation of Engrossed 5 Substitute Senate Bill No. 5295 (gas & electric rates). 6 (4)(a) $251,000 of the general fund—state appropriation for 7 fiscal year 2022 and $199,000 of the general fund—state appropriation 8 for fiscal year 2023 are provided solely for the commission to 9 examine feasible and practical pathways for investor-owned electric 10 and natural gas utilities to contribute their share to greenhouse gas 11 emissions reductions as described in RCW 70A.45.020, and the impacts 12 of energy decarbonization on residential and commercial customers and 13 the electrical and natural gas utilities that serve them. 14 (b) The examination required in (a) of this subsection must 15 identify and consider: 16 (i) How natural gas utilities can decarbonize; 17 (ii) The impacts of increased electrification on the ability of 18 electric utilities to deliver services to current natural gas 19 customers reliably and affordably; 20 (iii) The ability of electric utilities to procure and deliver 21 electric power to reliably meet that load; 22 (iv) The impact on regional electric system resource adequacy, 23 and the transmission and distribution infrastructure requirements for 24 such a transition; 25 (v) The costs and benefits to residential and commercial 26 customers, including environmental, health, and economic benefits; 27 (vi) Equity considerations and impacts to low-income customers 28 and highly impacted communities; and 29 (vii) Potential regulatory policy changes to facilitate 30 decarbonization of the services that gas companies provide while 31 ensuring customer rates are fair, just, reasonable, and sufficient. 32 (c) The commission may require data and analysis from investor- 33 owned natural gas and electric utilities, and consumer owned 34 utilities may submit data to the commission to inform the 35 investigation. The results of the examination must be reported to the 36 appropriate legislative committees by June 1, 2023. 37 p. 865 ESSB 5187.SL