(a) The commission shall prepare and submit to the relevant policy committees of the Legislature and the Joint Legislative Budget Committee an annual report, not later than October 31 of each year, that includes, but is not limited to, all of the following information:

1. (1) Recommendations for improvements in the program.
2. (2) A summary of the Public Interest Research, Development, and Demonstration Program’s impacts and benefits.
3. (3) A summary of how funding is allocated to each of the Public Interest Research, Development, and Demonstration Program’s natural gas investment areas.
4. (4) A description of successful or promising projects funded in each of the Public Interest Research, Development, and Demonstration Program’s natural gas investment areas.
5. (5) A summary of expected Public Interest Research, Development, and Demonstration Program funding initiatives and activities over the next year.
6. (6) Information on Public Interest Research, Development, and Demonstration Program-approved project budgets and benefits, all active projects, and recently completed projects.
7. (7) A description of any recent changes to the Public Interest Research, Development, and Demonstration Program’s spending guidelines or eligible projects.