Amends GS 62-3 by amending the definition of broadband service, as it applies throughout GS Chapter 62 (public utilities), so that it is a wired or wireless, terrestrial service (was, any service) consisting of or including a high-speed access capability to transmit at a rate of not less than the current minimum fixed broadband speed benchmark established by the Federal Communications Commission (was, 200 kilobits per second in either the upstream or downstream direction) and either (1) is used to provide access to the Internet or (2) provides computer processing, information storage, information content, or protocol conversion, including any service applications or information service provided over such high-speed access service.  

Amends the definition of high-speed broadband services as it applies to GS 117-18.1 (concerning business activities of electric membership corporation subsidiaries), so that it now means internet transmission speed of at least the current minimum fixed broadband speed benchmark established by the Federal Communications Commission (was, a minimum of 25 Mbps downstream and 3 Mbps upstream).