Establishes a renewable natural gas standard requiring gas corporations to procure renewable natural gas for distribution to customers.

The bill enacts the "renewable natural gas standard act," which mandates the Public Service Commission to establish a program requiring gas corporations to procure renewable natural gas from third parties, including affiliates, for distribution to natural gas customers. The program sets specific targets for the percentage of renewable natural gas in total volumetric purchases over various years, from 5% to 25%. The commission must adopt cost recovery mechanisms, provide for the treatment of environmental attributes, and consider financial incentives for renewable natural gas production.

Establishes a renewable natural gas standard requiring gas corporations to procure renewable natural gas for distribution to customers.

The bill enacts the "renewable natural gas standard act," which mandates the Public Service Commission to establish a program requiring gas corporations to procure renewable natural gas from third parties, including affiliates, for distribution to natural gas customers. The program sets specific targets for the percentage of renewable natural gas in total volumetric purchases over various years, from 5% to 25%. The commission must adopt cost recovery mechanisms, provide for the treatment of environmental attributes, and consider financial incentives for renewable natural gas production.