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Introduced Senate Bill (S)

DIGEST

Feed-in tariff for renewable energy facilities. Requires the utility regulatory commission (IURC) to adopt rules to establish an electric utility feed-in tariff (FIT) program. Provides that the rules adopted must do the following: (1) Require all jurisdictional municipally owned electric utilities (utilities) to offer a FIT to eligible customers (including persons that are not existing customers of the electric utility) not later than July 1, 2020. (2) Require utilities, upon the request of an eligible customer, to enter into a contract, for a term of at least 10 years, for the purchase of electricity generated by a renewable energy facility Feed-in tariff for renewable energy facilities. Requires the utility regulatory commission (IURC) to adopt rules to establish an electric utility feed-in tariff (FIT) program. Provides that the rules adopted must do the following: (1) Require all jurisdictional municipally owned electric utilities (utilities) to offer a FIT to eligible customers (including persons that are not existing customers of the electric utility) not later than July 1, 2020. (2) Require utilities, upon the request of an eligible customer, to enter into a contract, for a term of at least 10 years, for the purchase of electricity generated by a renewable energy facility (facility) located in Indiana at a site at which the utility provides, or will provide, retail electric service to the eligible customer. (3) Allow an electric utility to do the following, subject to the approval of the IURC: (A) Require a minimum size or capacity, not to exceed one megawatt, for facilities participating in the program. (B) Establish a cap with respect to the maximum aggregate capacity for all participating facilities under the electric utility's FIT program. (C) Establish a maximum size or capacity limit, which may not be less than 20 megawatts, for a participating facility. (4) Establish appropriate standards for interconnections between facilities and utilities' electric systems. (5) Establish appropriate FITs for participating facilities, with separate rates for electricity generated from each type of qualifying renewable energy resource under the program. (6) Require that any renewable energy credit or clean energy credit earned by a utility under the program be retired. (7) Prohibit an electric utility from requiring that a person that otherwise qualifies to participate in the electric utility's FIT program to be a customer of the electric utility for any period of time before enrolling in the electric utility's FIT program. Requires the IURC to ensure that the program complies with certain federal laws, regulations, and orders. Requires the IURC to develop and make available a standard contract for use by utilities in entering into contracts with eligible customers under the program. Requires the IURC to include certain information concerning the program in its annual report to the interim study committee on energy, utilities, and telecommunications. ... View more