5840-S.E AMH .... RICH 240

ESSB 5840 - H AMD TO H AMD (H-3356.1) 762

By Representative Darneille

WITHDRAWN 4/17/2009

    On page 6, line 34 of the striking amendment, after "(((c))) (g)" insert "(i) A qualifying utility shall be considered in compliance with an annual target in (a) of this subsection if beginning in the year 2016 and each target year thereafter, the qualifying utility has between one hundred fifty thousand and two hundred thousand retail customers in Washington and has invested at least two percent of its total annual retail revenue requirement that year on eligible renewable resources, renewable energy credits, or a combination of both.

(ii) By July 1, 2018, the appropriate legislative energy committees shall examine the effect of subsection (a) of this section and determine whether its provisions provide appropriate relief to ratepayers for the costs of acquiring eligible renewable resources or renewable energy credits in compliance with this chapter.  The committees shall determine if this section should be repealed or modified.

(h)"

    Renumber the sections consecutively and correct any internal references accordingly.

EFFECT:  Provides qualifying utilities that have between 150,000 retail customers and 200,000 retail customers with an alternative method of compliance with annual renewable resource target requirements if these qualifying utilities have invested at least two percent of their total annual retail revenue requirement for that year on eligible renewable resources, renewable energy credits, or a combination of both. 

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