The proposal would limit which renewable energy systems could enroll, cap certificate eligibility for some systems, and lower required payments as eligible systems decline.
Systems already operating, or starting within six months after the section takes effect, would be eligible to enroll and receive certificates. Later-starting systems would not qualify.
Systems already receiving certificates before July 1, 2026, would generally be limited to 20 years. Those already past 15 years could receive up to five more years.
As eligible systems decline, the Department of Energy would lower the payments required each year from organizations covered by the renewable portfolio standard.
Systems that began operating before the section takes effect, or within six months afterward, would remain eligible to enroll and receive renewable energy certificates. This applies to renewable energy systems seeking to join the state renewable portfolio standard program. Systems that begin operating after the six-month window would not be eligible to enroll or receive certificates. The proposal would take effect July 1, 2026. The six-month window would begin on that date.
The proposal would limit how long certain systems could receive renewable energy certificates to 20 years. The limit applies to systems already qualified and receiving certificates before July 1, 2026. A system that had received certificates for more than 15 years by the section’s effective date could receive up to five additional years of credits. The section would take effect July 1, 2026; the five-year extension depends on how long a system had received certificates by that date.
The Department of Energy would reduce required alternative compliance payments each year as the number of eligible systems declines. The reductions would apply to payments required under the renewable portfolio standard program. The act would take effect July 1, 2026. The reductions would be annual and tied to the declining number of eligible systems.
No hearings or votes scheduled.