LRB-2097/1
MDK:nwn:rs
2011 - 2012 LEGISLATURE
May 20, 2011 - Introduced by Representatives Severson, Honadel, Petryk,
Klenke, T. Larson, Bernier, Brooks, Jacque, Kapenga, Knudson, Kooyenga,
Krug, LeMahieu, Litjens, Rivard and Spanbauer, cosponsored by Senators
Cowles, Moulton and Wanggaard. Referred to Committee on Energy and
Utilities.
AB146,1,2
1An Act to amend 196.378 (3) (c) of the statutes;
relating to: use of renewable
2resource credits to comply with renewable portfolio standards.
Analysis by the Legislative Reference Bureau
Under current law, an electric utility or retail electric cooperative (electric
provider) is subject to certain requirements for ensuring that, in a given year, a
specified percentage of the electricity that the electric provider sells to retail
customers or members is derived from renewable resources. Such requirements,
which are commonly referred to as renewable portfolio standards (RPSs), are
administered by the Public Service Commission (PSC). Current law allows for the
creation of renewable resource credits that electric providers can use, sell, or
purchase to help comply with an RPS. Current law imposes certain restrictions on
the use of renewable resource credits, including a restriction that a credit may not
be used after the fourth year after which the credit is created, unless the PSC
promulgates rules specifying a different time period that is necessary for consistency
with a regional renewable resource credit trading program that applies in this state.
This bill eliminates that restriction.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB146, s. 1
3Section
1. 196.378 (3) (c) of the statutes is amended to read:
AB146,2,7
1196.378
(3) (c) A renewable resource credit created under s. 196.378 (3) (a),
22003 stats., may not be used after December 31, 2011.
A renewable resource credit
3created under par. (a) 1., 1m., or 2. may not be used after the 4th year after the year
4in which the credit is created, except the commission may promulgate rules
5specifying a different period of time if the commission determines that such period
6is necessary for consistency with any regional renewable resource credit trading
7program that applies in this state.
