Alaska SB149 establishes a Renewable Portfolio Standard for utilities, requiring a minimum percentage of electricity to be generated from renewable.
Alaska SB149 sets a Renewable Portfolio Standard for utilities, mandating that a minimum percentage of electricity must be generated from renewable resources. The standard requires 40% by December 31, 2030, and 55% by December 31, 2035. Utilities can meet this standard through renewable electricity credits or distributed energy systems. The bill also outlines conditions for noncompliance fines and their waivers, including factors like weather-related damage and global pandemics.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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