Delaware General Assembly

Signed 7/24/07

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

4/26/07

McDowell

Sen. Blevins, Copeland, F Simpson
Reps. Thornburg, Lofink, Hall-Long, Schooley, Kowalko

Sen. Bunting, Sokola
Reps. Brady, Keeley, McWilliams, Plant, Spence, Valihura

AN ACT TO AMEND THE DELAWARE CODE TO INCREASE THE RENEWABLE ENERGY PORTFOLIO STANDARD.

This bill will amend existing law by increasing the required minimum percentage of electrical energy sales to Delaware end-use customers from renewable energy resources through the year 2019. This increase will bring Delaware’s renewable energy portfolio standard closer to those in nearby states, including New Jersey (which has a goal of 22.5% by 2021) and New York (which has a goal of 24% by 2013). This Bill will help protect Delaware’s consumers by transitioning the state towards homegrown energy sources that are more secure, less vulnerable to price fluctuations, and less damaging to the environment. The bill also requires that between 2009 and 2019, the minimum percentage of sales from solar photovoltaics shall increase from 0.03% to 2%. The Bill also sets a solar annual compliance payment and allows it to be adjusted by the Delaware Energy Office at an amount higher than, but not more than 20% higher than, the estimated competitive market cost for purchasing RECs. By increasing the renewable portfolio standard, creating a solar set-aside, and increasing the alternative compliance payment, Delaware citizens will be able to sell solar RECs, thus increasing the value of solar photovoltaics.

N/A

N/A

N/A

N/A

View HTML View PDF