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DE HB247
Bill
Status
1/19/2012
Primary Sponsor
Gregory Lavelle
Click for details
AI Summary
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Freezes the Renewable Portfolio Standard (RPS) minimum renewable energy requirement at the percentage achieved as of January 1, 2012, halting previously scheduled annual increases toward a 25% target by 2025.
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Replaces the existing escalating RPS schedule with a requirement that retail electricity suppliers and municipal electric companies maintain only the renewable energy proportion they provided as of January 1, 2012.
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Requires retail electricity providers to notify customers within 180 days of the bill's effective date and annually thereafter about how customers can voluntarily increase their renewable electricity purchases.
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Aims to allow reassessment of Delaware's energy strategy due to changed circumstances including the failure of the Bluewater Wind offshore project, decreased natural gas prices, and concerns about electricity costs (Delaware ranks 13th highest for residential and commercial rates nationally).
Legislative Description
An Act To Amend Title 26 Of The Delaware Code Relating To Renewable Energy Portfolio Standards.
Last Action
Introduced and Assigned to Energy Committee in House
1/19/2012