Delaware General Assembly

House Housing & Community Affairs 6/23/04

The General Assembly has ended, the current status is the final status.

SB 161

3/23/04

McDowell

Sen. Blevins, Henry, Sokola
Reps. Buckworth, D. Ennis, Keeley, Mulrooney, Plant, Roy, Valihura, D.P. Williams

AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO RENEWABLE ENERGY PORTFOLIO STANDARDS.

This Act establishes Renewable Energy Portfolio Standards for electricity suppliers in the State of Delaware so that those suppliers, their consumers, and the public at large might realize the benefits of electricity produced from renewable energy resources. These benefits include improved regional and local air quality, improved public health, increased electric supply diversity, increased protection against price volatility and supply disruption, improved transmission and distribution performance, and new economic development opportunities. The Renewable Energy Portfolio Standards established in this Act require electricity suppliers to supply a percentage of their total annual electricity sales in the State from renewable energy resources. This percentage incrementally increases from 1% in 2006 to 10% by 2018. Eligible renewable energy resources include solar electric power, wind energy, geothermal energy, ocean energy, fuel cells, small hydropower, and sustainable biomass. This Act also establishes a market-based renewable energy credit trading system to allow electric suppliers compliance flexibility by encouraging the regional exchange of electricity from renewable sources. This Act also establishes an alternative compliance payment based on a per kilowatt-hour fee. The Public Service Commission is charged with administering the Portfolio Standards in harmony with others in the region.

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Takes effect upon being signed into law

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