The bill amends the Clean and Renewable Energy and Energy Waste Reduction Act by introducing a voluntary green pricing program for electric providers. Under this program, customers can choose the amount of renewable energy they wish to receive, with the requirement that if the electric provider's rates are regulated, the program and its rates must be approved by the commission. Customers who receive at least 50% of their average monthly electricity consumption through this program are exempt from paying surcharges for incremental costs of compliance. Additionally, electric providers must inform customers who will not meet this threshold about their responsibility for full applicable charges.

Furthermore, the bill mandates that electric providers establish a clean technologies accelerator tariff specifically for commercial and industrial customers participating in the voluntary green pricing program. This tariff will support the procurement of clean energy resources and will include agreements detailing cost recovery and credits for renewable energy resources. The commission is tasked with approving this tariff, and the bill specifies that electric providers cannot recover costs associated with the voluntary green pricing program through their rates. The enactment of this bill is contingent upon the passage of several other related bills in the legislature.

Statutes affected:
House Introduced Bill: 460.1061