HB 1384 -- Renewable Energy Regulations for Suppliers of
Electrical Power

Sponsor:  Lowe (44)

This bill requires the Missouri Public Service Commission to
establish rules which mandate that all retail suppliers of
electrical energy either generate renewable energy or purchase
renewable energy credits which meet the following criteria:

(1)  At least 1% of retail sales after December 31, 2008;

(2)  At least 3% of retail sales after December 31, 2012;

(3)  At least 6% of retail sales after December 31, 2016; and

(4)  At least 10% of retail sales after December 31, 2020.

"Renewable energy resources" is defined to include energy
generated from wind, solar power, certain fuel cells, and certain
designated crops grown for energy production.  "Renewable energy
credits" is defined as certificates of proof that one
kilowatt-hour of electricity has been generated from renewable
energy sources.  The Department of Natural Resources will
establish a comprehensive plan for the buying and selling of
renewable energy credits and the accounting practices used to
verify the transactions.  Renewable energy credits may be
purchased on the open market from either in-state or out-of-state
suppliers.  The department may also award renewable energy
credits for the purchase of either renewable energy resources
located in Missouri or energy credits that are owned by the
company acquired.  If any company fails to meet its energy credit
quota, it must forfeit to the department an amount equal to three
times the average market cost of an energy credit for each credit
that it is deficient.

Upon request, all suppliers of electrical energy are required to
provide information regarding the percentage of energy supplied
that is attributable to biomass power, coal-fired power,
hydropower, natural gas-fired power, nuclear power, oil-fired
power, solar power, wind power, and other sources.  Information
regarding the amount of pollution generated by these methods must
also be provided in the form of a standardized chart.  All of the
information must be updated quarterly, made available on the
supplier's Internet web site, and provided to the commission for
inclusion on its web site.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:43 am