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DE SB64
Bill
Status
1/28/2026
Primary Sponsor
Gerald Hocker
Click for details
AI Summary
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Caps the allocation of Regional Greenhouse Gas Initiative (RGGI) CO2 allowance auction proceeds to existing programs (Sustainable Energy Utility, Weatherization Assistance Program, LIHEAP, and Greenhouse Gas Reduction Projects) at 2025 dollar levels
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Beginning January 1, 2026, any RGGI auction proceeds exceeding the 2025 total must be directed to a new rebate program to reduce energy costs for retail electric customers
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Requires DNREC to create regulations and administer the rebate program, with funds distributed through Delmarva Power and Light
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Rebates would appear as bill reductions on customers' Delmarva Power and Light electric service bills
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Currently, RGGI proceeds are allocated: 65% to Sustainable Energy Utility, 15% to low-income programs, 10% to greenhouse gas reduction projects, and up to 10% for program administration
Legislative Description
An Act To Amend Title 7 Of The Delaware Code Relating To Regional Greenhouse Gas Initiative And Co2 Emissions Trading Program Auction Proceeds.
Last Action
Adopted in lieu of the original bill SB 64, and Assigned to Environment, Energy & Transportation Committee in Senate
1/28/2026