74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .
 
LC 2197
 
                         Senate Bill 373
 
Sponsored by Senator AVAKIAN (Presession filed.)
 
 
                             SUMMARY
 
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
 
  Requires State Department of Energy to create renewable
portfolio standard under which electric utilities must derive 25
percent of annual retail electricity sales from renewable energy
resources by calendar year 2025. Authorizes department to adopt
rules to implement standard.
 
                        A BILL FOR AN ACT
Relating to renewable energy.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + The State Department of Energy shall establish
a renewable portfolio standard for each electric utility
operating in the State of Oregon. The renewable portfolio
standard shall require that, as of the calendar year 2025, at
least 25 percent of the annual retail electricity sales, measured
in megawatt-hours, of each electric utility operating in this
state be derived from renewable energy resources that were first
placed into service on or after January 1, 1995. + }
  SECTION 2.  { + The State Department of Energy may adopt rules
necessary to implement section 1 of this 2007 Act, including but
not limited to rules that define terms used in section 1 of this
2007 Act. + }
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