(a) Subject to subsection (b) of this section, the Commission shall, by order or regulation and subject to reasonable cost limitations balanced with the public interest:

(1) expand the EV Pilot Program to allow participating electric companies to install EV charging stations in new and existing multifamily dwellings in underserved communities; and

(2) terminate the EV Pilot Program expansion required under item (1) of this section on December 31, 2025.

(b) The termination of the EV Pilot Program expansion required under subsection (a) of this section may not be construed to:

(1) terminate an electric company’s authority to operate EV charging stations under a program approved by the Commission on or before March 1, 2023;

(2) limit an electric company’s efforts to operate and maintain EV charging stations installed under the EV Pilot Program; or

(3) impact the cost recovery by an investor-owned electric company for the lifetime of an EV charging station installed under the EV Pilot Program.