Legislative Session number- 83

Bill Name: SF1531

"Renewable Energy for a New Economic Development Horizon Act of +",
establishing a renewable energy standard and objective for public +utilities
supplying electricity at retail; defining certain terms relating to +renewable
energy resources; establishing the initial renewable energy standard +and
objective levels, requiring and providing for annual increases +between certain
years based on total state electricity consumption and specifying +certain
generation and allocation requirements of electricity suppliers, +requiring
certain compliance evidence to the public utilities commission, +requiring the
PUC to require noncomplying suppliers to develop and implement +compliance plans
for approval; requiring the crediting of electric energy provided to +retail
customers under a renewable rate option toward the objectives under +certain
conditions; requiring the PUC to adopt implementation rules, +requiring the
establishment of mechanisms to constrain or cap compliance costs and +to ensure
economic energy supplies and the establishment of a program for +tradeable
credits; repealing certain existing renewable energy objectives (je)