Bill Text: NC S695 | 2011-2012 | Regular Session | Amended
Bill Title: Energy Efficiency Required for REPS
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-04-20 - Ref To Com On Commerce [S695 Detail]
Download: North_Carolina-2011-S695-Amended.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2011
S 1
SENATE BILL 695
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Short Title: Energy Efficiency Required for REPS. |
(Public) |
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Sponsors: |
Senator Stein. |
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Referred to: |
Commerce. |
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April 20, 2011
A BILL TO BE ENTITLED
AN ACT to Require an electric public utility to meet twenty‑five percent and no more of its renewable energy and energy efficiency portfolio standard (REPS) requirements through savings due to implementation of energy efficiency measures through calendar year 2020 and, beginning in calendar year 2021, meet forty percent and no more of its REPS requirements through savings due to implementation of energy efficiency measures.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 62‑133.8(b)(2) reads as rewritten:
"(2) An electric public utility may meet the requirements of this section by any one or more of the following:
…
c. Reduce energy consumption through the
implementation of an energy efficiency measure; provided, however, an electric
public utility subject to the provisions of this subsection may shall
meet up to twenty‑five percent (25%) and no more of the
requirements of this section through savings due to implementation of energy
efficiency measures. Beginning in calendar year 2021 and each year thereafter,
an electric public utility may shall meet up to forty
percent (40%) and no more of the requirements of this section through
savings due to implementation of energy efficiency measures.
…."
SECTION 2. This act becomes effective October 1, 2011.
