SB18-064

SB18-064 - Require 100% Renewable Energy By 2035

Active
Concerning an update to the renewable energy standard to require that all electric utilities derive their energy from one hundred percent renewable sources by 2035.

The bill updates the renewable energy standard to require that all electric utilities, including cooperative electric associations and municipally owned utilities, derive their energy from 100% renewable sources by 2035. The bill also:

  • Removes recycled energy from the types of energy sources eligible for meeting the renewable energy standard;
  • Allows a utility to obtain energy efficiency credits equal in value to renewable energy credits based on any energy efficiency upgrades made for a low-income residential customer;
  • Removes multipliers used for counting certain renewable energy generated; and
  • Phases out the system of tradable renewable energy credits so that renewable energy generated after 2035 is not eligible for renewable energy credits.
    (Note: This summary applies to this bill as introduced.)
Latest update: January 12, 2018
01/12/2018 - Introduced In Senate - Assigned to Agriculture, Natural Resources, & Energy