DE HB80

Reduces Delaware's Renewable Portfolio Standard (RPS) from the current 25% requirement to 10% starting in 2025, maintaining that level through 2035

Eliminates the scheduled annual increases that would have raised the RPS to 40% by 2035 under existing law

Caps the solar photovoltaic requirement at 3.50% from 2026-2035, instead of allowing it to increase to 10% as previously scheduled

Resumes gradual RPS increases beginning in 2036, reaching 15% by 2040, with solar requirements rising to 5.00%

Responds to concerns that Delaware utilities are paying approximately $13 million annually in compliance fees due to insufficient renewable energy supply to meet current mandates