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HB 338 (BR 1486) - M. Marzian, R. Meeks
AN ACT relating to economic development.
Create new sections of KRS Chapter 278 to require retail electric suppliers to use increasing amounts of renewable energy; require retail electric suppliers to take energy-efficiency measures and implement energy-efficiency programs that increase energy savings over a period of time; provide for alternative compliance plans for public utilities who fail to meet renewable energy or efficiency requirements; define renewable energy; specify reporting requirements to the Public Service Commission regarding progress in diversifying energy sources and energy savings; require the Public Service Commission to develop tariff guidelines for purchase of renewable power.
HFA1( J. Gooch Jr. ) - Delete original provisions; 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 where the electricity is generated and define other terms; require retail electricity suppliers to incrementally increase the percentage of reliable energy that they provide to consumers from 70% in 2019, to 72.5% in 2022, and to 75% in 2025; specify what type of generation may be attributable to compliance with the reliability requirements of the Act; beginning on January 1, 2018, require each retail electric supplier to file a biennial implementation plan with the Public Service Commission; beginning on January 1, 2020, 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, 2025, 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.
Feb 13, 2017 - introduced in House
Feb 15, 2017 - to Natural Resources & Energy (H)
Mar 08, 2017 - floor amendment (1) filed