2025 -- H 5820 | |
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LC002008 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2025 | |
____________ | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- RENEWABLE ENERGY | |
STANDARD | |
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Introduced By: Representatives Lima, J. Brien, Phillips, Azzinaro, Baginski, Serpa, and | |
Date Introduced: February 28, 2025 | |
Referred To: House Corporations | |
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, 2019, 2020, 2021, and 2022; |
17 | (5) [Deleted by P.L. 2016, ch. 144, § 1 and P.L. 2016, ch. 155, § 1.] |
18 | (6) An additional four percent (4%) of retail electricity sales in 2023; |
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1 | (7) An additional five percent (5%) of retail electricity sales in 2024; |
2 | (8) An additional six percent (6%) of retail electricity sales in 2025 2035; |
3 | (9) An additional seven percent (7%) of retail electricity sales in 2026 2036 and 2027 2037; |
4 | (10) An additional seven and one-half percent (7.5%) of retail electricity sales in 2028 |
5 | 2038; |
6 | (11) An additional eight percent (8%) of retail electricity sales in 2029 2039; |
7 | (12) An additional eight and one-half percent (8.5%) of retail electricity sales in 2030 2040; |
8 | (13) An additional nine percent (9%) of retail electricity sales in 2031 2041; and |
9 | (14) An additional nine and one-half percent (9.5%) of retail electricity sales in 2032 2042 |
10 | and 2033 2043 to achieve the goal that one hundred percent (100%) of Rhode Island’s electricity |
11 | demand is from renewable energy by 2033 2043 and each year thereafter. |
12 | (b) For each obligated entity and in each compliance year, the amount of retail electricity |
13 | sales used to meet obligations under this statute that are derived from existing renewable energy |
14 | resources shall not exceed two percent (2%) of total retail electricity sales. |
15 | (c) The minimum renewable energy percentages set forth in subsection (a) shall be met for |
16 | each electrical energy product offered to end-use customers, in a manner that ensures that the |
17 | amount of renewable energy of end-use customers voluntarily purchasing renewable energy is not |
18 | counted toward meeting such percentages. Notwithstanding the foregoing, municipalities engaged |
19 | in aggregation pursuant to § 39-3-1.2 may include in their aggregation plan terms that would allow |
20 | voluntary renewable energy products to be counted toward meeting such percentages. In 2024, the |
21 | commission, with input from the office of energy resources, division of public utilities and carriers, |
22 | obligated entities, other market participants, and the public, shall assess the impact of allowing |
23 | voluntary renewable energy purchases to be counted toward meeting the annual percentages. The |
24 | commission shall submit a report of its findings and recommendations to the governor, speaker of |
25 | the house, and senate president no later than September 1, 2024. |
26 | (d) To the extent consistent with the requirements of this chapter, compliance with the |
27 | renewable energy standard may be demonstrated through procurement of NE-GIS certificates |
28 | relating to generating units certified by the commission as using eligible renewable energy sources, |
29 | as evidenced by reports issued by the NE-GIS administrator. Procurement of NE-GIS certificates |
30 | from off-grid and customer-sited generation facilities, verified by the commission as eligible |
31 | renewable energy resources, may also be used to demonstrate compliance. With the exception of |
32 | contracts for generation supply entered into prior to 2002, initial title to NE-GIS certificates from |
33 | off-grid and customer-sited generation facilities and from all other eligible renewable energy |
34 | resources, shall accrue to the owner of such a generation facility, unless such title has been |
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1 | explicitly deemed transferred pursuant to contract or regulatory order. |
2 | (e) In lieu of providing NE-GIS certificates pursuant to subsection (d) of this section, an |
3 | obligated entity may also discharge all or any portion of its compliance obligations by making an |
4 | alternative compliance payment to the renewable energy development fund established pursuant to |
5 | § 39-26-7. |
6 | (f) Retail electricity sales pursuant to a nonregulated power producer’s supply contract that |
7 | was executed prior to July 1, 2022, shall be required to obtain an additional one and one-half percent |
8 | (1.5%) of retail electricity sales each year and are exempted from the requirements of subsections |
9 | (a)(6) through (a)(14) of this section until the end date of the term of the nonregulated power |
10 | producer’s supply contract. |
11 | 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 amend the renewable energy standard obligations of entities to sell at retail |
2 | to Rhode Island customers. |
3 | This act would take effect upon passage. |
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