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SB40

Electric utilities; renewable energy portfolio standard program, deficiency payments.

Status:
In Senate

Latest Action: Feb. 1, 2026
Senate: Fiscal Impact Statement from State Corporation Commission (SB40)

Chief Patron:
Bill Stanley (R)

Session:
2026 Regular Session

Summary

As Introduced. Electric utilities; renewable energy portfolio standard program; deficiency payments.

Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.
  • Bill History

  • 11/20/2025 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100063D
  • 11/20/2025 - Senate: Referred to Committee on Commerce and Labor
  • 02/01/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB40)