Rhode Island S2521 amends the renewable energy standard obligations for obligated entities.
Rhode Island S2521 amends the renewable energy standard obligations for obligated entities, requiring them to obtain a specified percentage of electricity from eligible renewable energy resources. The act sets escalating percentages for retail electricity sales from 2007 to 2033, aiming for 100% renewable energy by 2033. It also allows for compliance through procurement of NE-GIS certificates and alternative compliance payments. The Rhode Island Public Utilities Commission is tasked with assessing the impact of voluntary renewable energy purchases and reporting findings to state officials.
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