HR 2746 · 115th Congress 2017–2019, ended

American Renewable Energy and Efficiency Act

Fact sheet

Latest action · Jun 9, 2017 Referred to the Subcommittee on Energy.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 25, 2017
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

American Renewable Energy and Efficiency Act

This bill amends the Public Utility Regulatory Policies Act of 1978 to require electric utilities to obtain a minimum percentage of the electricity they sell in 2019 through 2042 from renewable resources. The required annual percentage increases from 10% in 2019 to 35% for 2032 through 2042. The utilities must submit to the Federal Energy Regulatory Commission a quantity of federal renewable electricity credits that is equal to at least the annual percentage requirement. However, they may submit alternative compliance payments in lieu of credits.

The bill establishes requirements governing the issuance, tracking, verification, trading, banking, and retirement of federal renewable electricity credits.

States may set the rates for a sale of electric energy by a facility generating electric energy from renewable energy sources pursuant to a state-approved, voluntary production incentive program.

The Department of Energy (DOE) must establish a program under which each electric utility and natural gas utility must meet performance standards for 2019 through 2032 with respect to cumulative electricity savings and cumulative natural gas savings, respectively. The performance standard increases from 1% in 2019 to 20% in 2032 for electric utilities and from 0.5% in 2019 to 13% in 2032 for natural gas utilities. In addition, the bill establishes requirements for performance standards for 2033 through 2042, and for subsequent years.

DOE must review the standards at 10-year intervals and increase the standards if additional cost-effective energy efficiency potential is achievable.

Utilities may use electricity or natural gas savings purchased from another utility, a state, or a third-party efficiency provider to meet the standards.

The bill provides for state administration of an energy efficiency program to meet the requirements of this bill.

Cosponsors 10

Members who signed on, in the order they did. Signatures ran from May 25, 2017 to Jan 11, 2018, with 1 there on the day it was introduced.

SeatCosponsorSigned on
D-NMBen Ray LujánOriginalMay 25, 2017
D-CABarbara LeeJun 8, 2017
D-ILMike QuigleyJun 8, 2017
D-CARo KhannaJun 8, 2017
D-NYYvette D. ClarkeJun 8, 2017
D-WIMark PocanJun 15, 2017
D-CATed LieuJun 23, 2017
D-PAMatt CartwrightJun 29, 2017
D-CAAlan S. LowenthalJul 20, 2017
D-NYJoseph CrowleyJan 11, 2018

Actions 3

Everything that happened, newest first.

  1. Jun 9, 2017Referred to the Subcommittee on Energy.
  2. May 25, 2017Introduced in House
  3. May 25, 2017Referred to the House Committee on Energy and Commerce.

Subjects

Assigned by the Library of Congress. Policy area: Energy.

Text 1

Each version as it was printed, newest first.

  1. May 25, 2017Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.