LD 646 LR 537(02)
An Act To Remove the 100-megawatt Limit on Renewable Sources of Energy
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
Fiscal Note
Minor cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
The bill requires the Public Utilities Commission (PUC) to implement a temporary alternative renewable portfolio program directing investor-owned transmission and distribution companies that elect to participate to enter into contracts expiring December 31, 2017 for renewable energy credits. The PUC may adopt routine technical rules to implement this program. This bill also removes the 100-megawatt maximum capacity limit for sources of electrical generation to qualify as renewable resources to meet the State's renewable resource portfolio requirement. Any additional costs to the PUC for engaging in these activities are expected to be minor and can be absorbed within existing budgeted resources.