Amendment AA2-SB144

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2017 - 2018 LEGISLATURE

ASSEMBLY AMENDMENT 2, TO SENATE BILL 144

June 21, 2017 - Offered by Representatives Sargent, Barca, Berceau, Considine, Hebl, Hesselbein, Ohnstad, Pope, Spreitzer, Wachs and Zepnick.

SB144-AA2,1,1 At the locations indicated, amend the bill as follows:

SB144-AA2,1,2 1. Page 2, line 2: after that line insert:

SB144-AA2,1,3 “ Section 1m. 196.378 (3) (a) 1. of the statutes is amended to read:

SB144-AA2,2,5 196.378 (3) (a) 1. Each megawatt hour of an electric provider's total renewable energy creates one renewable resource credit for the electric provider. Subject to subd. 2. subds. 2. and 3., an electric provider that exceeds its renewable energy percentage required under sub. (2) (a) 2. may, in the applicable year, bank any excess renewable resource credits or any portion of any excess renewable resource credit for use in a subsequent year or sell any excess renewable resource credits or any portion of any excess renewable resource credit to any other electric provider at any negotiated price. An electric provider that creates or purchases a renewable resource credit or portion may use the credit or portion, as provided under par. (c), to establish compliance with sub. (2) (a) 2. The commission shall promulgate rules that establish requirements for the creation and use of a renewable resource credit created on or after January 1, 2004, including calculating the amount of a renewable resource credit, and for the tracking of renewable resource credits by a regional renewable resource credit tracking system. The rules shall specify the manner for aggregating or allocating credits under this subdivision or sub. (2) (b) 4. or 5.”.

SB144-AA2,2,6 2. Page 3, line 4: after that line insert:

SB144-AA2,2,7 “ Section 2m. 196.378 (3) (a) 3. of the statutes is created to read:

SB144-AA2,2,12 196.378 (3) (a) 3. An electric provider may not bank an excess renewable resource credit or portion of an excess renewable resource credit for use in a subsequent year under subd. 1. that is created using heat as described in sub. (1) (h) 1. k. or heat that is a byproduct of a manufacturing process and is used to provide thermal energy for another purpose.”.

SB144-AA2,2,13 (End)