Last Action | 02/26/18: to Natural Resources & Energy (H) |
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Title | AN ACT relating to reliable energy portfolio standards. |
Bill Documents | Introduced |
Bill Request Number | 1852 |
Sponsor | J. Gooch Jr. |
Summary of Original Version | Create new sections of KRS Chapter 278 to declare the intent of the Act to be to maintain reliable electricity generation; define "reliable energy" to mean electricity generated from a source that is always available on site or is delivered in advance and stored on site with the retail electric supplier and define other terms; require retail electricity suppliers to incrementally increase the percentage of reliable energy that they provide to consumers from 70% in 2020, to 72.5% in 2023, and to 75% in 2026; specify what type of generation may be attributable to compliance with the reliability requirements of the Act; beginning on January 1, 2019, require each retail electric supplier to file a biennial implementation plan with the Public Service Commission; beginning on January 1, 2021, require each retail electric supplier to submit an annual report with the Public Service Commission; require the Public Service Commission to promulgate administrative regulations regarding the form, submission, and information to be contained in the report; beginning September 1, 2026, require the Public Service Commission to submit a report every five years to the Legislative Research Commission that includes the information gathered from the reports it received from the retail electric suppliers. |
Index Headings of Original Version |
Energy - Reliable energy portfolio standard, creation of Legislative Research Commission - Public Service Commission, reliable energy sales, report every five years Public Safety - Reliable energy portfolio standard, creation of Public Utilities - Reliable energy portfolio standard, creation of Reports Mandated - Annual report, retail electric suppliers, reliable energy sold in Kentucky Reports Mandated - Biennial implementation plan, retail electric suppliers, compliance with reliability standard |
02/22/18 |
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02/26/18 |
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Last updated: 9/1/2020 2:57 PM (EDT)
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