Exempting any electric public utility that is a not-for-profit wholly owned subsidiary of an electric cooperative public utility from the jurisdiction of the state corporation commission.

This bill exempts certain not-for-profit electric utilities, owned by electric cooperatives, from the full oversight of the State Corporation Commission. However, customers can still petition the commission to investigate and potentially change unfair rates, and they must be notified about meetings where rate changes are discussed. Customers also have the option to vote to end this exemption, which would bring the utility back under the commission's full jurisdiction.

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