SB 6027 - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

     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.

     Provides that a small electric utility that purchases all of its electric supply from the Bonneville power administration is exempt from this act in any year for which the Bonneville power administration does not offer, when the contract for purchase is executed, resources that enable the utility to comply with this act.