An Act To Amend Title 26 Of The Delaware Code Relating To Renewable Energy Portfolio Standards.

HB 247 An Act To Amend Title 26 Of The Delaware Code Relating To Renewable Energy Portfolio Standards

Delaware 146th General Assembly

An Act To Amend Title 26 Of The Delaware Code Relating To Renewable Energy Portfolio Standards.
HB-247


About HB-247

This bill freezes the minimum percentage of renewable energy (Renewable Portfolio Standard - RPS) a retail-electricity supplier or municipal electric company must provide to customers at the proportion achieved as of January 1, 2012. The intent of the freeze is to give policy-makers a chance to reassess the state’s energy strategy in light of the many changes that have occurred over the last several years including the failure of the Bluewater Wind off-shore wind farm project; the decrease in natural gas prices; and actions that have made Delaware power plants significantly cleaner. The freeze will also allow for an examination of the high cost of electricity in The First State. According to the U.S. Energy Information Agency (EIA), Delaware has the 13th highest residential and commercial electricity rates in the nation and the seventh highest residential average monthly bill. The RPS mandate is scheduled to increase annually, from 7 percent in compliance year 2011-2012 to 25 percent in 2025, which will export jobs out of Delaware and potentially increase electricity rates as the standard rises. Additionally, while the RPS is frozen and the state’s energy strategy is being reassessed, the bill encourages the use of renewable energy by requiring utilities to notify their customers as to how they can increase their purchase of renewable electricity on a voluntary basis.

  

Bill Texts

Draft 01/20/2012

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History

Introduced And Assigned To Energy Committee In House

01/19/2012