SB 510 Establishes criteria for renewable power purchase agreements
Sponsor: Holsman
LR Number: 2360S.01I Fiscal Notes
Committee: Commerce, Consumer Protection, Energy and the Environment
Last Action: 3/10/2015 - Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee Journal Page: S531
Title: Calendar Position:
Effective Date: August 28, 2015

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Current Bill Summary

SB 510 - This act requires that under a renewable energy contract, a qualified utility shall contract with a renewable energy facility, purchase electricity for resale to a contract customer, and sell such electricity to the contract customer. Within 60 days of receiving a request from a contract customer, a qualified utility shall approve the use of its transmission or distribution system under a renewable energy contract. The pricing and duration of the contract shall be subject to negotiation between the renewable energy facility and the contract customer. By November 28, 2015, a qualified utility shall file a tariff regarding renewable real time pricing for contract customers. The contract customer shall be responsible for any incremental costs required for the delivery of electricity, and the qualified utility shall not be held responsible for any costs related to customer default.

In order to execute a renewable energy contract, a contract customer shall have an annual peak demand of 1 megawatt. A single contract customer may aggregate multiple meters to satisfy this requirement. Further, electricity generated by a renewable energy facility and delivered to a contract customer shall not be included in a net metering program. The right to any environmental attribute associated with a renewable energy facility shall remain the property of the facility's owner, unless a contract dictates otherwise.