Kentucky HB 448: AN ACT relating to reliable energy portfolio standards. Create new sections of KRS Chapter 278 to declare the intent of the Act to be to maintain reliable electricity generation; define "reliable energy" to mean electricity generated from a source that is always available on site or is delivered in advance and stored on site with the retail electric supplier and define other terms; require retail electricity suppliers to incrementally increase the percentage of reliable energy that they provide to consumers from 70% in 2020, to 72.5% in 2023, and to 75% in 2026; specify what type of generation may be attributable to compliance with the reliability requirements of the Act; beginning on January 1, 2019, require each retail electric supplier to file a biennial implementation plan with the Public Service Commission; beginning on January 1, 2021, require each retail electric supplier to submit an annual report with the Public Service Commission; require the Public Service Commission to promulgate administrative regulations regarding the form, submission, and information to be contained in the report; beginning September 1, 2026, require the Public Service Commission to submit a report every five years to the Legislative Research Commission that includes the information gathered from the reports it received from the retail electric suppliers.

Status: To Natural Resources & Energy (H) (as of 2018-02-26)

State: Kentucky · Session: 2018RS · Bill: HB 448

Sponsors: J. Gooch Jr.

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