Bill Text: IN SB0557 | 2011 | Regular Session | Introduced
Bill Title: Renewable energy.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-01-20 - First reading: referred to Committee on Utilities & Technology [SB0557 Detail]
Download: Indiana-2011-SB0557-Introduced.html
Citations Affected: IC 8-1.
Synopsis: Renewable energy. Requires the utility regulatory
commission (IURC) to consider in the rate base of a public utility that
complies with certain renewable energy standards (RES) any capital
expenditures made by the public utility to extend gas or electric service
to a customer that produces biofuels. Requires the IURC to provide
certain financial incentives for implementing electric line facilities
projects to electricity suppliers that comply with a certain RES.
Requires electricity suppliers to comply with an RES by specified
dates. Provides that an electricity supplier that does not comply with a
higher RES is not eligible for certain financial incentives related to
renewable energy development. Changes the term "clean coal and
energy projects" to "clean energy projects" to allow the term to include
low carbon dioxide emitting or noncarbon dioxide emitting energy
production or generating facilities. Provides that: (1) low carbon
dioxide emitting or noncarbon dioxide emitting energy production or
generating facilities; and (2) purchases of energy produced by such
facilities; qualify for the financial incentives available for clean energy
projects. Provides that a combined heat and power facility qualifies as
a renewable energy resource for purposes of the statute that provides
financial incentives for clean energy projects. Provides that an eligible
business may recover qualified utility system expenses, which include
specified preconstruction costs, associated with a: (1) new energy
production or generating facility; or (2) low carbon dioxide emitting or
noncarbon dioxide emitting energy production or generating facility.
Effective: Upon passage; July 1, 2011.
January 20, 2011, read first time and referred to Committee on Utilities & Technology.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT to amend the Indiana Code concerning
utilities.
(b) For purposes of section 23 of this chapter, the construction, addition, extension, or improvement of a public utility's plant or equipment to provide electric or gas service to a customer that produces biodiesel, ethanol, or any other biofuel is in fact used and useful in the public service.
(c) This subsection applies to a public utility's general rate proceeding that immediately follows the public utility's investment in a construction, an addition, an extension, or an improvement described in subsection (b). A public utility may accrue for recovery in the rate proceeding a return not to exceed fifty million dollars ($50,000,000) on the public utility's investment at the rate of return authorized by the commission in the public utility's general rate proceeding immediately preceding the investment.
The accrual of a return by a public utility under this subsection:
(1) begins on the date the public utility initially records the
investment in the public utility's books or records, as
determined by the commission; and
(2) ends on the date on which an order from the commission
authorizing the investment to be included in the rate base of
the public utility takes effect.
(d) Notwithstanding subsection (c), the commission shall revoke
a cost recovery approved under this chapter for an electricity
supplier that the commission determines has:
(1) elected to; and
(2) failed to;
comply with the schedule set forth in IC 8-1-37-4(b).
Chapter 8.4. Electric Line Facilities Projects
Sec. 1. As used in this chapter, "commission" refers to the Indiana utility regulatory commission created by IC 8-1-1-2.
Sec. 2. As used in this chapter, "electric line facilities" means the following:
(1) Overhead or underground electric transmission lines.
(2) Overhead or underground electric distribution lines.
(3) Electric substations.
Sec. 3. As used in this chapter, "electric line facilities project" means an addition to or the construction, operation, maintenance, reconstruction, relocation, upgrading, or removal of electric line facilities.
Sec. 4. As used in this chapter, "electricity supplier" means a public utility that furnishes retail electric service to the public.
Sec. 5. As used in this chapter, "public utility" has the meaning set forth in IC 8-1-2-1.
Sec. 6. As used in this chapter, "regional transmission organization" refers to the regional transmission organization approved by the Federal Energy Regulatory Commission for the control area in which an electricity supplier operated electric line facilities.
Sec. 7. As used in this chapter, "renewable energy resources" has the meaning set forth in IC 8-1-37-3.
Sec. 8. This chapter applies to an electricity supplier that complies with the schedule set forth in IC 8-1-37-4(b).
Sec. 9. (a) The commission shall encourage electric line facilities
projects by creating the following financial incentives for electric
line facilities that are reasonable and necessary:
(1) The timely recovery of costs incurred by an electricity
supplier in connection with an electric line facilities project
that transmits or distributes electricity generated from
renewable energy resources.
(2) The timely recovery of costs, by means of a periodic rate
adjustment mechanism, incurred by an electricity supplier
taking service under a tariff of, or being assessed costs by the:
(A) regional transmission organization; or
(B) Federal Energy Regulatory Commission.
(b) The commission shall determine a reasonable schedule
under which an electricity supplier may recover costs under this
section. In making a determination under this subsection, the
commission shall consider the impact of the cost recovery on
ratepayers of the electricity supplier.
Sec. 10. (a) Subject to subsection (h), an electricity supplier must
submit an application to the commission for approval of an electric
line facilities project for which the electricity supplier seeks to
receive a financial incentive created under section 9 of this chapter.
(b) The commission shall prescribe the form for an application
submitted under this section.
(c) Upon receipt of an application under subsection (a), the
commission shall review the application for completeness. The
commission may request additional information from an applicant
as needed.
(d) The commission, after notice and hearing, shall issue a
determination of an electric line facilities project's eligibility for
the financial incentives described in section 9 of this chapter not
later than one hundred eighty (180) days after the date of the
application. A determination under this subsection must include a
finding that the applicant electricity supplier is in compliance with
the schedule set forth in IC 8-1-37-4(b).
(e) Subject to subsections (g) and (h), the commission shall
approve an application by an electricity supplier for an electric line
facilities project that is reasonable and necessary. An electric line
facilities project is presumed to be reasonable and necessary if the
electric line facilities project:
(1) is consistent with, or part of, a plan developed by the:
(A) regional transmission organization; or
(B) Federal Energy Regulatory Commission; or
(2) transmits or distributes electricity generated from
renewable energy resources.
(f) This section does not relieve an electricity supplier of the
duty to obtain any certificate required under IC 8-1-8.5 or
IC 8-1-8.7.
(g) The commission shall not approve a financial incentive for
that part of an electric line facilities project that exceeds the lesser
of:
(1) seven percent (7%) of the electricity supplier's rate base
approved by the commission in the electricity supplier's most
recent general rate proceeding; or
(2) three hundred million dollars ($300,000,000).
(h) The commission may not approve a financial incentive under
section 9 of this chapter for a particular electricity supplier if the
commission has approved a financial incentive under section 9 of
this chapter in the preceding twelve (12) months for that electricity
supplier, unless the commission determines that approving a
particular financial incentive for an electricity supplier on a more
timely basis will benefit the electricity supplier's ratepayers.
Sec. 11. The commission shall revoke all financial incentives
approved under this chapter for an electricity supplier that the
commission determines has:
(1) elected to; and
(2) failed to;
comply with the schedule set forth in IC 8-1-37-4(b).
(1) Growth of Indiana's population and economic base has created a need for new energy production or generating facilities in Indiana.
(2) The development of a robust and diverse portfolio of energy production or generating capacity, including coal gasification and the use of renewable energy resources, is needed if Indiana is to continue to be successful in attracting new businesses and jobs.
(3) Indiana has considerable natural resources that are currently underutilized and could support development of new energy production or generating facilities, including coal gasification facilities, at an affordable price.
(4) Certain regions of the state, such as southern Indiana, could benefit greatly from new employment opportunities created by development of new energy production or generating facilities
utilizing the plentiful supply of coal from the geological formation
known as the Illinois Basin.
(5) Technology can be deployed that allows high sulfur coal from
the geological formation known as the Illinois Basin to be burned
or gasified efficiently while meeting strict state and federal air
quality limitations. Specifically, the state should encourage the
use of advanced clean coal technology, such as coal gasification.
(6) It is in the public interest for the state to encourage the
construction of new energy production or generating facilities that
increase the in-state capacity to provide for current and
anticipated energy demand at a competitive price.
(7) It is in the public interest for the state to encourage the
study, analysis, construction, and life cycle management of
low carbon dioxide emitting or noncarbon dioxide emitting
energy production or generating facilities, as well as carbon
dioxide capture, transportation, and storage facilities.
(b) The purpose of this chapter is to enhance Indiana's energy
security and reliability by ensuring all of the following:
(1) Indiana's and the region's energy production or generating
capacity continues to be adequate to provide for Indiana's current
and future energy needs, including the support of the state's
economic development efforts.
(2) The vast and underutilized coal resources of the Illinois Basin
are used as a fuel source for new energy production or generating
facilities.
(3) The electric transmission and gas transportation systems
within Indiana are upgraded to distribute additional amounts of
electricity and gas more efficiently.
(4) Jobs are created as new energy production or generating
facilities are built in regions throughout Indiana.
(5) The study, analysis, construction, and life cycle
management of low carbon dioxide emitting or noncarbon
dioxide emitting energy production or generating facilities are
encouraged at the same time as are new coal fired and other
fossil fuel based energy production or generating facilities.
(1) Any of the following projects:
(A) Projects at new energy production or generating facilities that employ the use of clean coal technology and that produce
energy, including substitute natural gas, primarily from coal,
or gases derived from coal, from the geological formation
known as the Illinois Basin.
(B) Projects to provide advanced technologies that reduce
regulated air emissions from existing energy production or
generating plants that are fueled primarily by coal or gases
from coal from the geological formation known as the Illinois
Basin, such as flue gas desulfurization and selective catalytic
reduction equipment.
(C) Projects to provide electric transmission facilities to serve
a new energy production or generating facility or a low
carbon dioxide emitting or noncarbon dioxide emitting
energy production or generating facility.
(D) Projects that produce substitute natural gas from Indiana
coal by construction and operation of a coal gasification
facility.
(E) Projects or potential projects that employ the use of
low carbon dioxide emitting or noncarbon dioxide emitting
energy production or generating technologies to produce
electricity.
(2) Projects to develop alternative energy sources, including
renewable energy projects and or coal gasification facilities.
(3) The purchase of fuels or energy produced by a coal
gasification facility or by a low carbon dioxide emitting or
noncarbon dioxide emitting energy production or generating
facility.
(4) Projects described in subdivisions (1) through (3) (2) that use
coal bed methane.
(1) as a fuel to generate energy; or
(2) as substitute natural gas.
(1) proposes to construct or repower a new energy production or generating facility;
(2) proposes to construct or repower a project described in section 2(1) or 2(2) of this chapter;
(3) undertakes a project to develop alternative energy sources, including renewable energy projects or coal gasification facilities; or
(4) purchases fuels or energy produced by a coal gasification facility or by a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility.
(1) no carbon dioxide as a byproduct of the production or generation of energy; or
(2) less carbon dioxide per megawatt hour of electricity generated than is produced per megawatt hour of electricity generated by a coal fired or other fossil fuel based energy production or generating facility.
(b) The term includes the transmission lines and other associated equipment employed specifically to serve a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility.
(1) The facility produces energy primarily from coal or gases from coal from the geological formation known as the Illinois Basin.
(2) The facility is a:
(A) newly constructed or newly repowered energy
(B) newly constructed
dedicated primarily to serving Indiana retail customers.
(3) The repowering, construction, or expansion of the facility was begun by an Indiana utility after July 1, 2002.
(4) Except for a facility that is a clean
megawatts for all units at one (1) site or a generating capacity of
at least four hundred thousand (400,000) pounds per hour of
steam.
(b) The term includes the transmission lines, gas transportation
facilities, and associated equipment employed specifically to serve a
new energy generating or coal gasification facility.
(1) Any preconstruction costs associated with the study, analysis, or development of a:
(A) new energy production or generating facility; or
(B) new low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility;
including siting, design, licensing, and permitting costs, regardless of whether the facility for which such costs are incurred is ultimately constructed or placed in service.
(2) The expansion, power uprate, or life cycle management of a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility.
(1) new energy production or generating
(2)
used, or to be used, in whole or in part, by an energy utility to provide retail energy service (as defined in IC 8-1-2.5-3) regardless of whether that service is provided under IC 8-1-2.5 or another provision of this article.
(1) Energy from wind.
(2) Solar energy.
(3) Photovoltaic cells and panels.
(4) Dedicated crops grown for energy production.
(5) Organic waste biomass, including any of the following organic matter that is available on a renewable basis:
(A) Agricultural crops.
(B) Agricultural wastes and residues.
(C) Wood and wood wastes, including the following:
(i) Wood residues.
(ii) Forest thinnings.
(iii) Mill residue wood.
(D) Animal wastes.
(E) Animal byproducts.
(F) Aquatic plants.
(G) Algae.
(6) Hydropower from existing dams.
(7) Fuel cells.
(8) Energy from waste to energy facilities.
(9) Energy storage systems.
(10) Combined heat and power facilities.
(b) Except for energy described in subsection (a)(8), the term does not include energy from the incinerations, burning, or heating of any of the following:
(1) Tires.
(2) General household, institutional, commercial, industrial lunchroom, office, or landscape waste.
(c) The term excludes treated or painted lumber.
(1) The timely recovery of costs incurred during construction and operation of projects described in section 2(1) or 2(2) of this chapter.
(2) The authorization of up to three (3) percentage points on the return on shareholder equity that would otherwise be allowed to be earned on projects described in subdivision (1).
(3) Financial incentives for the purchase of fuels or energy produced by a coal gasification facility or by a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility, including cost recovery and the incentive available under subdivision (2).
(4) Financial incentives for projects to develop alternative energy sources, including renewable energy projects or coal gasification
facilities.
(5) Other financial incentives the commission considers
appropriate.
(b) An eligible business must file an application to the commission
for approval of a clean coal and energy project under this section. This
chapter does not relieve an eligible business of the duty to obtain any
certificate required under IC 8-1-8.5 or IC 8-1-8.7. An eligible business
seeking a certificate under IC 8-1-8.5 or IC 8-1-8.7 and this chapter for
one (1) project may file a single application for all necessary
certificates. If a single application is filed, the commission shall
consider all necessary certificates at the same time.
(c) The commission shall promptly review an application filed
under this section for completeness. The commission may request
additional information the commission considers necessary to aid in its
review.
(d) The commission shall, after notice and hearing, issue a
determination of a project's eligibility for the financial incentives
described in subsection (a) not later than one hundred twenty (120)
days after the date of the application, unless the commission finds that
the applicant has not cooperated fully in the proceeding.
(1) For:
(A) new energy
(B) new low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facilities;
financial incentives in the form of timely recovery of the costs incurred in connection with the study, analysis, development, siting, design, licensing, permitting, construction, repowering, expansion, operation, or maintenance of the facilities.
(2) For a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility, financial incentives in the form of timely recovery of the costs incurred in connection with the expansion, power uprate, or life cycle management of the facility.
(b) An eligible business seeking authority to timely recover the costs described in subsection (a) must apply to the commission for approval of a rate adjustment mechanism in the manner determined by the commission.
(c) An application must include the following:
(1) A schedule for the completion of construction, repowering, power uprating, life cycle management, or expansion of the
(2) Copies of the most recent integrated resource plan filed with the commission, if applicable.
(3) The amount of capital investment by the eligible business in the
(4) Other information the commission considers necessary.
(d) The commission shall allow an eligible business to recover:
(1) the costs associated with qualified utility system property; and
(2) qualified utility system expenses;
if the eligible business provides substantial documentation that the expected costs
(e) The commission shall allow an eligible business to recover the costs associated with the purchase of fuels or energy produced by a coal gasification facility or by a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility if the eligible business provides substantial documentation that the costs associated with the purchase are reasonable and necessary.
(f) A retail rate adjustment mechanism proposed by an eligible business under this section may be based on actual or forecasted data. If forecast data is used, the retail rate adjustment mechanism must contain a reconciliation mechanism to correct for any variance between the forecasted costs and the actual costs.
(1) The amount of Illinois Basin coal, if any, purchased during the previous month for use in a new energy production or generating
(2) The amount of any fuel or energy produced by:
(A) a coal gasification facility;
(B) a low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating facility;
that is purchased by the eligible business during the previous month.
(3) Any other information the lieutenant governor may reasonably
require.
(1) renewable energy resources; and
(2) low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating technologies to produce electricity;
in Indiana. Each year, the group shall submit a report on the study to the commission for inclusion in the commission's annual report to the regulatory flexibility committee described in IC 8-1-2.5-9 and IC 8-1-2.6-4.
(b) The report required by this section must include suggestions from the group to encourage the development and use of:
(1) renewable energy resources and technologies,
(2) low carbon dioxide emitting or noncarbon dioxide emitting energy production or generating technologies;
appropriate for use in Indiana.
(1) develops or makes use of:
(A) clean
(B) renewable energy resources (as defined in IC 8-1-8.8-10) for the production of electricity;
(C) integrated gasification combined cycle (IGCC) technology to produce synthesis gas that is used:
(i) to generate electricity; or
(ii) as a substitute for natural gas;
regardless of the fuel source used to produce the synthesis gas;
(D) methane recovered from landfills for the production of electricity;
(E) demand side management, energy efficiency, or conservation programs; or
(F) coal bed methane;
(2) results in quantifiable reductions in, or the avoidance of:
(A) the use of electricity produced by traditional electric
generating facilities that use fossil fuels as their fuel source; or
(B) regulated air pollutants and carbon emissions produced by
traditional electric generating facilities that use fossil fuels as
their fuel source; and
(3) is implemented under a plan approved by:
(A) the office; and
(B) a corporation's or a cooperatively owned power supplier's
board of directors.
Chapter 37. Renewable Energy Development
Sec. 1. (a) As used in this chapter, "electricity supplier" means a public utility (as defined in IC 8-1-2-1) that furnishes retail electric service to the public.
(b) The term does not include a utility that is a:
(1) municipally owned utility (as defined in IC 8-1-2-1(h));
(2) corporation organized under IC 8-1-13; or
(3) corporation organized under IC 23-17 that is an electric cooperative and that has at least one (1) member that is a corporation organized under IC 8-1-13.
Sec. 2. As used in this chapter, "renewable energy credit", or "REC", means one (1) megawatt hour of electricity that is:
(1) generated from a renewable energy resource described in section 3(a) of this chapter;
(2) quantifiable; and
(3) possessed by not more than one (1) entity at a time.
Sec. 3. (a) As used in this chapter, "renewable energy resources" includes the following sources and programs for the production or conservation of electricity:
(1) Methane systems that convert waste products, including animal, food, and plant waste, into electricity.
(2) Methane recovered from landfills.
(3) Wind.
(4) Solar photovoltaic cells and panels.
(5) Clean coal and energy projects (as defined in IC 8-1-8.8-2).
(6) Dedicated crops grown for energy production.
(7) Energy from waste to energy facilities.
(8) Industrial byproduct technologies that use fuel or energy that is a byproduct of an industrial process.
(9) Energy efficiency and demand side management programs approved by the commission.
(b) Except as provided in subsection (a)(7), the term does not include energy from the incineration, burning, or heating of the following:
(1) Garbage.
(2) General household, institutional, or commercial waste.
(3) Industrial lunchroom or office waste.
(4) Landscape waste.
(5) Construction or demolition debris.
(6) Feedstock that is municipal, food, plant, industrial, or animal waste from outside Indiana.
Sec. 4. (a) Each electricity supplier shall supply electricity under a schedule set forth in either subsection (b) or (c).
(b) In order to qualify for a financial incentive under IC 8-1-2-23.1 or IC 8-1-8.4-9, an electricity supplier shall supply electricity that is generated from renewable energy resources described in section 3(a) of this chapter to Indiana customers as a percentage of the total electricity supplied by the electricity supplier to Indiana customers during a calendar year as follows:
(1) Not later than the calendar year ending December 31, 2012, at least three percent (3%).
(2) Not later than the calendar year ending December 31, 2017, at least six percent (6%).
(3) Not later than the calendar year ending December 31, 2022, at least ten percent (10%).
For purposes of this subsection, electricity is measured in megawatt hours.
(c) An electricity supplier that elects not to comply with subsection (b) shall supply electricity that is generated from renewable energy resources described in section 3(a) of this chapter to Indiana customers as a percentage of the total electricity supplied by the electricity supplier to Indiana customers during a calendar year as follows:
(1) Not later than the calendar year ending December 31, 2012, at least one and five-tenths percent (1.5%).
(2) Not later than the calendar year ending December 31, 2017, at least four percent (4%).
(3) Not later than the calendar year ending December 31, 2022, at least seven percent (7%).
For purposes of this subsection, electricity is measured in megawatt hours.
(d) An electricity supplier may own or purchase RECs to comply with subsection (b) or (c), as applicable.
(e) An electricity supplier may not use a renewable energy resource described in section 3(a)(5) or 3(a)(9) of this chapter to generate more than twenty-five percent (25%) of the electricity that the electricity supplier is required to supply under subsection (b) or (c), as applicable.
(f) If an electricity supplier exceeds the applicable percentage under subsection (b) or (c) in a compliance year, the electricity supplier may carry forward the amount of electricity that:
(1) exceeds the applicable percentage under subsection (a); and
(2) is generated from renewable energy resources;
to comply with the requirement under subsection (b) or (c) for either or both of the two (2) immediately succeeding compliance years.
Sec. 5. (a) An electricity supplier that elects to, and fails to comply with the schedule set forth in section 4(b) of this chapter is no longer eligible for financial incentives as provided in IC 8-1-2-23.1(d) or IC 8-1-8.4-11, as applicable.
(b) An electricity supplier described in subsection (a) shall comply with the schedule set forth in section 4(c) of this chapter beginning in the compliance year in which the electricity supplier fails to comply with the schedule set forth in section 4(b) of this chapter.
Sec. 6. (a) An electricity supplier is not required to timely comply with section 4(b) or 4(c) of this chapter, as applicable, if the commission determines that the electricity supplier has demonstrated that the cost of compliance with section 4(b) or 4(c) of this chapter, as applicable, using the renewable energy resources available to the electricity supplier would result in an unreasonable increase in the basic rates and charges for electricity supplied to customers of the electricity supplier. The commission shall conduct a public hearing to make a determination under this section.
(b) If the commission determines under a hearing conducted under subsection (a) that the cost of compliance with section 4(b) or 4(c) of this chapter, as applicable, would result in an unreasonable rate increase, the commission shall extend the applicable deadline imposed under section 4(b) or 4(c) of this chapter. If the commission extends a deadline under this subsection, the commission shall consider whether subsequent deadlines imposed under section 4(b) or 4(c) of this chapter, as applicable, also should be extended.
Sec. 7. (a) The commission shall allow an electricity supplier
that complies with the applicable schedule set forth in section 4 of
this chapter to recover reasonable and necessary costs incurred in:
(1) constructing, operating, or maintaining facilities to comply
with this chapter; or
(2) generating electricity from, or purchasing electricity
generated from, a renewable energy resource;
by a periodic rate adjustment mechanism.
(b) Except as provided in subsection (c), the recovery of costs by
a periodic rate adjustment mechanism under subsection (a) expires
on the date on which the electricity supplier recovers under the
period rate adjustment mechanism all costs allowed under
subsection (a).
(c) The commission shall revoke a periodic rate adjustment
mechanism allowed under subsection (a) for an electricity supplier
that the commission determines:
(1) is required to; and
(2) has failed to;
comply with section 4(b) or 4(c) of this chapter, as applicable.
Sec. 8. (a) For purposes of calculating RECs to determine an
electricity supplier's compliance with section 4(b) or 4(c) of this
chapter, as applicable, the following apply:
(1) Except as provided in subdivision (2), one (1) megawatt
hour of electricity generated from renewable energy resources
equals one (1) REC.
(2) One (1) megawatt hour of electricity generated from a
renewable energy resource described in section 3(a)(1) or
3(a)(2) of this chapter that originates in Indiana equals two (2)
RECs.
(b) An electricity supplier may not apportion all or part of a
single megawatt of electricity among more than one (1):
(1) renewable energy resource; or
(2) category set forth in subsection (a);
in order to comply with section 4(b) or 4(c) of this chapter, as
applicable.
Sec. 9. The Indiana economic development corporation, in
consultation with the commission, shall develop a strategy to
attract renewable energy component manufacturing and assembly
facilities to Indiana.
Sec. 10. Beginning in 2018, not later than March 1 of each year,
an electricity supplier shall file with the commission a report of the
electricity supplier's compliance with this chapter for the
preceding calendar year.
Sec. 11. The commission shall adopt rules under IC 4-22-2 to
implement this chapter. A rule adopted under this section may
establish a procedure by which an electricity supplier that initially
elects to comply with the schedule set forth in section 4(c) of this
chapter may later comply with the schedule set forth in section 4(b)
of this chapter.
