SENATE BILL No. 1504

 

 

November 28, 2006, Introduced by Senator BIRKHOLZ and referred to the Committee on Technology and Energy.

 

 

 

      A bill to require certain providers of electric service to

 

comply with a portfolio standard for renewable energy; to create

 

energy diversity for the long-term security of our economy and

 

environment; to promote the health of our citizens; to prescribe

 

the powers and duties of certain state agencies and officials;

 

and to provide for penalties.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

 1        Sec. 1. As used in this act:

 

 2        (a) "Biomass" means any organic matter that can be converted

 

 3  to usable fuel for the production of energy and is available on a

 

 4  renewable basis, including, but not limited to, all of the

 

 5  following:

 

 6        (i) Agricultural crops and crop wastes.

 

 7        (ii) Wood and wood wastes, including wood and wood waste from


 

 1  wood product and paper processing.

 

 2        (iii) Animal wastes.

 

 3        (iv) Municipal wastewater sludge.

 

 4        (v) Aquatic plants.

 

 5        (vi) Food production and processing waste.

 

 6        (vii) Municipal solid waste.

 

 7        (b) "Commission" means the Michigan public service

 

 8  commission.

 

 9        (c) "Installed capacity" means the total amount of

 

10  electricity a renewable energy system can generate in 1 hour at

 

11  full load.

 

12        (d) "Portfolio standard" is the required minimum percentage

 

13  of a provider's total annual retail kilowatt hour electricity

 

14  sales in this state that is composed of electricity produced from

 

15  a renewable energy fuel source.

 

16        (e) "Provider" means any person that is in the business of

 

17  selling electricity to retail customers in this state. For the

 

18  purposes of this act, provider means any of the following:

 

19        (i) Any person or entity that is regulated by the commission

 

20  for the purpose of selling electricity to retail customers.

 

21        (ii) A municipal electric provider.

 

22        (iii) A cooperative electric provider.

 

23        (iv) An alternative electric supplier.

 

24        (v) An independent investor-owned electric utility.

 

25        (f) "Renewable energy contract" means a contract to acquire

 

26  electricity and the associated renewable energy credits from 1 or

 

27  more renewable energy systems.


 

 1        (g) "Renewable energy credit" means a certified credit under

 

 2  this act equal to 1 megawatt hour of generated renewable energy.

 

 3        (h) "Renewable energy fuel" means any of the following:

 

 4        (i) Biomass.

 

 5        (ii) Geothermal.

 

 6        (iii) Solar.

 

 7        (iv) Wind.

 

 8        (v) Hydroelectric, except for pump storage systems.

 

 9        (vi) Gas captured from the decomposition of waste.

 

10        (vii) That portion of a fuel mixture that is a biomass fuel.

 

11        (i) "Renewable energy system" means a facility, an

 

12  electricity generation system, or an integrated set of

 

13  electricity generation systems that use renewable energy fuel.

 

14        (j) "Terms and conditions" includes the price that a

 

15  provider of electric service is to pay to acquire electricity and

 

16  the associated renewable energy credits under a renewable energy

 

17  contract.

 

18        Sec. 2. (1) Each provider shall on an annual basis establish

 

19  a portfolio standard for renewable energy. The provider shall

 

20  annually file a report with the commission regarding the status

 

21  of the provider in meeting the portfolio standard established

 

22  under this section. The portfolio standard shall require the

 

23  provider to generate or acquire electricity from renewable energy

 

24  systems, for sale to retail customers in this state, or acquire

 

25  equivalent renewable energy credits, in the following amounts:

 

26        (a) For the period of January 1, 2007 to December 31, 2007,

 

27  not less than 4% of the total amount of kilowatt hours of


 

 1  electricity sold by the provider to its retail customers in this

 

 2  state during the calendar year.

 

 3        (b) For the period of January 1, 2008 to December 31, 2009,

 

 4  not less than 5% of the total amount of kilowatt hours of

 

 5  electricity sold by the provider to its retail customers in this

 

 6  state during the calendar year.

 

 7        (c) For the period of January 1, 2010 to December 31, 2011,

 

 8  not less than 6% of the total amount of kilowatt hours of

 

 9  electricity sold by the provider to its retail customers in this

 

10  state during the calendar year.

 

11        (d) For the period of January 1, 2012 to December 31, 2013,

 

12  not less than 7% of the total amount of kilowatt hours of

 

13  electricity sold by the provider to its retail customers in this

 

14  state during the calendar year.

 

15        (e) After December 31, 2013, not less than 8% of the total

 

16  amount of kilowatt hours of electricity sold by the provider to

 

17  its retail customers in this state during each calendar year.

 

18        (2) If the provider acquires electricity and the associated

 

19  renewable energy credits from a renewable energy system under a

 

20  renewable energy contract, entered into after the effective date

 

21  of this act, the commission shall determine whether the contract

 

22  provides all of the following:

 

23        (a) That the term of the renewable energy contract is not

 

24  less than 20 years, unless the supplier of the renewable energy

 

25  agrees to a renewable energy contract with a shorter term.

 

26        (b) That the terms and conditions of the renewable energy

 

27  contract are just and reasonable.


 

 1        (c) That the terms and conditions of the renewable energy

 

 2  contract will provide a long-term purchase price from a

 

 3  creditworthy party to allow financing, construction, and

 

 4  operation of the renewable energy system.

 

 5        (3) The commission shall consider all costs reasonably and

 

 6  prudently incurred by a regulated utility in meeting the

 

 7  requirements of this act to be a cost of service. The commission

 

 8  shall determine the mechanism for the recovery of those costs.

 

 9        Sec. 3. (1) The commission shall establish a system of

 

10  renewable energy credits that can be used by a provider to comply

 

11  with its portfolio standard. The renewable energy credit program

 

12  shall include the following:

 

13        (a) Renewable energy systems eligible to receive renewable

 

14  energy credits are renewable energy systems within this state.

 

15        (b) A process to certify all existing and new renewable

 

16  energy systems operating on the effective date of this act as

 

17  eligible to receive renewable energy credits.

 

18        (c) A method for the transferability of credits.

 

19        (d) For power purchase agreements that exist on the

 

20  effective date of this act, ownership of any renewable energy

 

21  credits resides with the generator of the renewable energy unless

 

22  the ownership of the renewable energy credits is otherwise stated

 

23  in contract.

 

24        (2) The commission shall establish a credit certification

 

25  and tracking program. The certification and tracking program may

 

26  be contracted to and performed by a third party through a system

 

27  of competitive bidding. The credit certification and tracking


 

 1  program shall include all of the following:

 

 2        (a) Certification that the renewable energy system is a

 

 3  qualified renewable energy system under this act.

 

 4        (b) Certification that the operator of a renewable energy

 

 5  system is in compliance with state and federal law applicable to

 

 6  the operation of a renewable energy system at the time

 

 7  certification is granted.

 

 8        (c) Affixing the date that the renewable energy credit is

 

 9  valid for transfer under this act.

 

10        (d) A method for ensuring that renewable energy credits

 

11  traded and sold under this act are properly accounted under this

 

12  act.

 

13        Sec. 4. (1) If a provider is unable to comply with its

 

14  portfolio standard through the generation of renewable energy

 

15  credits derived from its own renewable energy systems, or from

 

16  the purchase of certified renewable energy credits, the provider

 

17  shall comply by entering into 1 or more renewable energy

 

18  contracts.

 

19        (2) Renewable energy credits used by a provider to comply

 

20  with its portfolio standard are extinguished upon use.

 

21        (3) Renewable energy credits shall automatically expire upon

 

22  the date 3 years after the original certification of the

 

23  renewable energy credit.

 

24        Sec. 5. (1) Solar electric generation systems, installed in

 

25  this state, shall be eligible for a rebate of $2,000.00 per

 

26  kilowatt hour of installed capacity. To qualify for a rebate

 

27  under this section, all solar energy panels shall be certified by


 

 1  the solar rating and certification corporation.

 

 2        (2) The rebate will be paid by the provider of meter service

 

 3  to the electric generation system owner and shall be a 1-time

 

 4  payment.

 

 5        (3) Rebates will be paid for systems that have been

 

 6  installed and have demonstrated an ability to produce

 

 7  electricity.

 

 8        (4) The following shall be the maximum limits placed on the

 

 9  total rebate program statewide:

 

 

10            YEAR                      SOLAR CAPACITY

11            2007                            5,000 kW

12            2009                           10,000 kW

13            2011                           15,000 kW

14            2013                           20,000 kW

15            2015                           25,000 kW

 

 

16        (5) The commission shall allow the provider that pays a

 

17  rebate to a solar electric generation system to recover those

 

18  costs from its ratepayers, on the same basis as other capital

 

19  investments used to serve its customers, using a 20-year

 

20  amortization period starting with the year the rebate cost is

 

21  incurred.

 

22        (6) The provider that provides the rebate payment to the

 

23  solar generation system in accordance with this section shall be

 

24  the owner of all renewable energy credits associated with power

 

25  generated from the facility.

 

26        Sec. 6. (1) Each provider of electric service shall submit


 

 1  to the commission an annual report that provides information

 

 2  relating to the actions taken by the provider to comply with its

 

 3  portfolio standard.

 

 4        (2) Each provider shall submit the annual report to the

 

 5  commission after the end of each calendar year and within the

 

 6  time prescribed by the commission. The report shall be submitted

 

 7  in a format approved by the commission.

 

 8        (3) Each annual report shall include all of the following

 

 9  information:

 

10        (a) The amount of electricity and renewable energy credits

 

11  that the provider generated or acquired from renewable energy

 

12  systems during the reporting period and the amount of renewable

 

13  energy credits that the provider acquired, sold, or traded during

 

14  the reporting period to comply with its portfolio standard.

 

15        (b) The capacity of each renewable energy system owned,

 

16  operated, or controlled by the provider, the total amount of

 

17  electricity generated by each system during the reporting period,

 

18  and the percentage of that total amount that was generated

 

19  directly from renewable energy.

 

20        (c) Whether, during the reporting period, the provider began

 

21  construction on, acquired, or placed into operation any renewable

 

22  energy system.

 

23        (d) Any other information that the commission determines

 

24  necessary.

 

25        (4) The commission shall file an annual report with the

 

26  legislature that summarizes data collected under this section.

 

27        Sec. 7. (1) If a provider does not comply with its portfolio


 

 1  standard as required under section 2, the commission shall impose

 

 2  on the provider a fine of $50.00 per megawatt hour for each

 

 3  renewable energy credit that the provider does not generate or

 

 4  acquire from a renewable energy system during a calendar year in

 

 5  violation of its portfolio standard.

 

 6        (2) The commission shall annually adjust the fines that will

 

 7  be imposed for each calendar year using the prevailing consumer

 

 8  price index for the Detroit region.

 

 9        (3) If the commission imposes a fine under subsection (1)

 

10  against a regulated rate provider, then all of the following

 

11  apply:

 

12        (a) The fine is not a cost of service of the provider.

 

13        (b) The provider shall not include any portion of the fine

 

14  in any application for a rate adjustment or rate increase.

 

15        (c) The commission shall not allow the provider to recover

 

16  any portion of the fine from its retail customers.