2021 -- S 0758 | |
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LC000357 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2021 | |
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A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- RENEWABLE ENERGY | |
STANDARD | |
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Introduced By: Senators Miller, DiMario, Sosnowski, Pearson, and Euer | |
Date Introduced: April 01, 2021 | |
Referred To: Senate Environment & Agriculture | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 39-26-4 of the General Laws in Chapter 39-26 entitled "Renewable |
2 | Energy Standard" is hereby amended to read as follows: |
3 | 39-26-4. Renewable energy standard. |
4 | (a) Starting in compliance year 2007, all obligated entities shall obtain at least three percent |
5 | (3%) of the electricity they sell at retail to Rhode Island end-use customers, adjusted for electric |
6 | line losses, from eligible renewable-energy resources, escalating, according to the following |
7 | schedule: |
8 | (1) At least three percent (3%) of retail electricity sales in compliance year 2007; |
9 | (2) An additional one half of one percent (0.5%) of retail electricity sales in each of the |
10 | following compliance years 2008, 2009, 2010; |
11 | (3) An additional one percent (1%) of retail electricity sales in each of the following |
12 | compliance years 2011, 2012, 2013, 2014, provided that the commission has determined the |
13 | adequacy, or potential adequacy, of renewable-energy supplies to meet these percentage |
14 | requirements; |
15 | (4) An additional one and one half percent (1.5%) of retail electricity sales in each of the |
16 | following compliance years 2015, 2016, 2017, 2018 and 2019, and each year thereafter until 2035, |
17 | provided that the commission has determined the adequacy, pursuant to § 39-26-6, of renewable- |
18 | energy supplies to meet these percentage requirements. Starting in compliance year 2022, the |
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1 | renewable energy standard shall be increased annually in such a manner that by compliance year |
2 | 2031, all obligated entities shall obtain one hundred percent (100%) of the electricity that they sell |
3 | to Rhode Island end-use customers, adjusted for electric line losses, from eligible renewable-energy |
4 | resources. The commission is authorized to set annual requirements for compliance years 2023 |
5 | through 2030 that are designed to ensure that all obligated entities will be in full compliance with |
6 | the one hundred percent (100%) requirement by compliance year 2031. |
7 | (5) [Deleted by P.L. 2016, ch. 144, § 1 and P.L. 2016, ch. 155, § 1]. |
8 | (b) For each obligated entity and in each compliance year, the amount of retail electricity |
9 | sales used to meet obligations under this statute that are derived from existing renewable-energy |
10 | resources shall not exceed two percent (2%) of total retail electricity sales. |
11 | (c) The minimum renewable-energy percentages set forth in subsection (a) shall be met for |
12 | each electrical energy product offered to end-use customers, in a manner that ensures that the |
13 | amount of renewable energy of end-use customers voluntarily purchasing renewable energy is not |
14 | counted toward meeting such percentages. |
15 | (d) To the extent consistent with the requirements of this chapter, compliance with the |
16 | renewable-energy standard may be demonstrated through procurement of NE-GIS certificates |
17 | relating to generating units certified by the commission as using eligible, renewable-energy |
18 | sources, as evidenced by reports issued by the NE-GIS administrator. Procurement of NE-GIS |
19 | certificates from off-grid and customer-sited generation facilities, if located in Rhode Island and |
20 | verified by the commission as eligible, renewable-energy resources, may also be used to |
21 | demonstrate compliance. With the exception of contracts for generation supply entered into prior |
22 | to 2002, initial title to NE-GIS certificates from off-grid and customer-sited generation facilities |
23 | and from all other eligible, renewable-energy resources, shall accrue to the owner of such a |
24 | generation facility, unless such title has been explicitly deemed transferred pursuant to contract or |
25 | regulatory order. |
26 | (e) In lieu of providing NE-GIS certificates pursuant to subsection (d) of this section, an |
27 | obligated entity may also discharge all or any portion of its compliance obligations by making an |
28 | alternative compliance payment to the Renewable-Energy-Development Fund established pursuant |
29 | to § 39-26-7. |
30 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- RENEWABLE ENERGY | |
STANDARD | |
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1 | This act would set forth new renewable energy standards increasing annually beginning |
2 | compliance year 2021 in such a manner that by 2030 all obligated entities shall obtain one hundred |
3 | percent (100%) of electricity sold at retail to Rhode Island end-use customers from eligible |
4 | renewable-energy resources. |
5 | This act would take effect upon passage. |
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