Requiring an electric company to contract for renewable energy credits and electricity generated from certain Tier 1 renewable sources to meet a portion of the renewable energy portfolio standard for the electric company starting in 2023; authorizing an electric company to receive annual remuneration for contracts; authorizing an electric company to account for the purchase of contracts as a regulatory asset, but prohibiting the collection of an additional return on the regulatory asset; applying the Act prospectively; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2022
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Last Updated: 6/22/2022 1:23 PM