Contains whereas clauses.

Directs the Public Utilities Commission to conduct a study assessing (1) the costs and benefits of the current energy market in the state, (2) possible reforms to the Southeastern Energy Exchange Market, (3) the feasibility and costs/benefits of an energy imbalance market or regional transmission organization along with South Carolina, or in the Southeastern United States, and (4) what legal and procedural requirements would be required for establishing a market with South Carolina or an organization with a larger geographic grid. Provides relevant definitions for the terms used in the study.

Requires the Commission to initiate the study within 90 days of the effective date of the act, and to submit a written report to the Joint Legislative Energy Policy Commission within one year of the effective date. Allows the Commission to contract for professional and consultant services, and directs the Commission to seek federal funding to the extent available. Provides broader direction on the analysis for each of the four categories for the study.

Appropriates $350,000 from the General Fund for the 2025-2026 fiscal year to the Public Utilities Commission to conduct the study.