Amends Delaware Code to set renewable energy portfolio standards for utilities and municipal electric companies.
The bill amends Title 26 of the Delaware Code to establish renewable energy portfolio standards. It mandates that the total retail sales of electricity by commission-regulated utilities and municipal electric companies must include a minimum percentage of sales from eligible energy resources and solar photovoltaics. The standards increase incrementally each year, starting from 17.50% in 2018 to 40.00% by 2035, with specific percentages allocated for solar photovoltaics. The changes apply to compliance years beginning June 1st.
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