Delaware General Assembly

Lieu/Substituted 3/23/04

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

SS 1 for SB 161

6/19/03

McDowell

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 electric suppliers in Delaware. Pursuant to this Act, as of July 1, 2003 any supplier seeking a rate increase would have to demonstrate compliance with these standards for the year prior to the date of the application and no increase will be granted to any supplier who fails to demonstrate the same. The Renewable Energy Portfolio Standards established in this Act, require suppliers to utilize renewable energy resources for the generation of electricity and this Act increases the requirement each year until 2014. Municipal and non-municipal suppliers must meet different standards, with municipal suppliers meeting higher standards. This Act also establishes a Renewable Energy Credit Trading System. Modeled after the federal Clean Air Act pollution trading system, this system allows suppliers who have exceeded the Standards for a given year to trade their excess credit to a supplier who may fall short for that year. The penalties for failing to meet the standards include per kilowatt hour fees as well as a reversion to pre-increase rates for a year. This Act is primarily modeled after recent legislation that has been considered with enthusiasm by Maryland’s General Assembly.

N/A

N/A

Takes effect upon being signed into law

N/A

View HTML View PDF