HB 2102-S - DIGEST

(DIGEST OF PROPOSED 1ST SUBSTITUTE)

     Requires that by January 1, 2007, and each year thereafter through December 31, 2011, each electric utility shall ensure that at least five percent of its resources used to serve its Washington customers are qualified diversity resources.  Of the five percent, not less than one and one-quarter percent must be alternative energy resources and not less than one and one-quarter percent must be conservation and efficiency resources.

     Requires that, by January 1, 2012, and each year thereafter, each electric utility shall ensure that at least ten percent of its resources used to serve its Washington customers are qualified diversity resources.  Of the ten percent, not less than two and one-half percent must be alternative energy resources and not less than two and one-half percent must be conservation and efficiency resources.

     Declares that an electric utility that as of March 1, 2001, owns or has under contract sufficient resources to meet one hundred percent of its forecasted needs to serve its customers is exempt from this act until such time as those resources are no longer sufficient to serve at least ninety-five percent of its forecasted needs, or January 1, 2009, whichever is earlier.

     Provides that a small utility may meet its obligation under this act by investing at least two times the amount of its conservation and renewables discount pursuant to the Bonneville power administration's final record of decision for conservation and renewable implementation, dated February 12, 2001.

     Provides that, each electric utility, as defined in RCW 80.60.010, shall undertake and complete by January 1, 2003, a feasibility study to determine effective methods for reducing by at least three percent use of electricity during daily peak periods of electricity demand.  Each utility shall report the results of its study under this act.

     Declares that, if chapter . . . (House Bill No. 1404, Senate Bill No. 5539, or other similar legislation), Laws of 2001 does not become law by June 30, 2001, section 9 of this act is null and void.