Delaware General Assembly

Signed 6/25/08

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

6/25/08

DeLuca

Rep. Valihura

Sen. Adams, Amick, Blevins, Bonini, Bunting, Cloutier, Connor, Cook, Copeland, Ennis, Henry, Marshall, McBride, McDowell, Peterson, F Simpson, Sokola, Sorenson, Still, Venables
Reps. Blakey, Manolakos, Booth, M. Smith, Brady, McWilliams, Miro, Carey, Carson, Mitchell, Mulrooney, Cathcart, Oberle, Ewing, Gilligan, Outten, Hall-Long, Plant, Hastings, Schooley, Hocker, Schwartzkopf, Hudson, B. Short, D. Short, J. Johnson, Keeley, Spence, Stone, Kowalko, Lavelle, Thornburg, Viola, Lee, Wagner, Lofink, Walls, Longhurst, Maier, D.P. Williams

AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO OFFSHORE WIND POWER INSTALLATIONS.

This bill promotes the establishment of clean offshore wind energy off the coast of Delaware, while minimizing the cost concerns related to offshore wind installations and encouraging DPL to execute offshore wind power purchase agreements for customers by: (1) Creating a 350% offshore wind renewable energy credit multiplier, (2) Making the 350% renewable energy credit multiplier available for the life of offshore wind contracts, and (3) spreading both the cost and the benefits of offshore wind power contracts executed by DPL to DPL's entire customer base, rather than only to DPL’s standard offer service customers.

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Takes effect upon being signed into law

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