HB2130: Renewable energy portfolio standard requirements; SCC may initiate proceedings, report.

Legislative Summary

State Corporation Commission; renewable energy portfolio standard requirements; report. Provides that the State Corporation Commission may extend certain renewable energy portfolio standard (RPS) requirement timelines if it finds compliance with such requirements would threaten the reliability or security of electric service to customers. In any proceeding by an investor-owned utility in constructing or acquiring new generation resources, the bill requires the Commission to consider the ratepayer impact of such resources compared with alternatives that are not otherwise RPS-eligible. The bill requires the Commission to submit an annual report with recommendations to improve energy reliability, reduce electricity rates, meet forecasted energy needs, and incorporate available and emerging generation technologies. State Corporation Commission; renewable energy portfolio standard requirements; report. Provides that the State Corporation Commission may extend certain renewable energy portfolio standard (RPS) requirement timelines if it finds compliance with such requirements would threaten the reliability or security of electric service to customers. In any proceeding by an investor-owned utility in constructing or acquiring new generation resources, the bill requires the Commission to consider the ratepayer impact of such resources compared with alternatives that are not otherwise RPS-eligible. The bill requires the Commission to submit an annual report with recommendations to improve energy reliability, reduce electricity rates, meet forecasted energy needs, and incorporate available and emerging generation technologies.