Senate Committee Substitute

SCS/SB 915 - The act directs electrical corporations to make a good faith effort to generate or procure energy originating from renewable sources. The act sets goals for the use of renewable energy, at least three percent by the year 2012, at least seven percent by the year 2015 and at least ten percent by the year 2020. The Public Service Commission shall be responsible for promulgating rules by July 1, 2007, governing the process by which the renewable energy goals and the utilities integrated resource plans are made compatible. The criteria and mechanics of the rule making process are described in the act.

The act directs electric utilities to submit a biennial report to the commission detailing plans, activities and progress with regard to the renewable energy goals set in the act. The commission shall then take that information and compile a report to be submitted to the Governor, General Assembly, and appropriate committees.

The effective date of the act is January 1, 2007.

MEGAN WORD


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