(c) As used in this section: "Microgrid project" means a group of interconnected loads and distributed energy resources within clearly defined electrical boundaries that acts as a single controllable entity with respect to the utility's electrical grid and can connect to a public utility's electrical grid to operate in grid-connected mode and can disconnect from the grid to operate in island mode, and that:
(1) Is subject to a microgrid services tariff; and(2) Generates or produces energy."Microgrid services tariff" means a tariff approved by the public utilities commission that:
(1) Is designed to provide fair compensation for electricity, electric grid services, and other benefits provided to, or by, the electric utility, the person or entity operating the microgrid, and other ratepayers;(2) To the extent possible, standardizes and streamlines the related interconnection processes for microgrid projects; and(3) Does not apply to a municipal utility cooperative.