Encourages the rapid and sustainable development of renewable energy by the adoption of renewable energy payments for certain purposes.

Requires an electric utility to connect a renewable energy plant to its distribution system within thirty days for a renewable energy plant with plant capacity under twenty-five kilowatts, and within sixty days for a renewable energy plant with plant capacity greater than twenty-five kilowatts and fewer than one hundred kilowatts.

Requires the utilities and transportation commission to: (1) Establish standards for the interconnection of renewable energy plants with the grid system;

(2) Approve a standard contract to be used in all power purchase agreements under the act; and

(3) Assess a renewable energy rate recovery fee equal to one percent of the monthly bill per meter.

Requires an electric utility to enter into power purchase agreements to acquire all of the electricity generated by renewable energy plants located in the state for a term of not less than twenty years from the date of commissioning.

Requires the Washington State University energy extension to calculate and publish annually a table of state and national carbon content multipliers for use by electric utilities in establishing renewable recovery rates for any renewable energy plant the electric utilities contract for power from or construct.

Creates the renewable energy trust account.