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Indiana General Assembly
Senate Bill 0295


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Senate Bill 0295

ARCHIVE (2008)

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Renewable energy standards. Requires an electricity supplier to gradually supply a certain percentage of its total electricity supply from renewable energy resources, so that by the calendar year ending December 31, 2025, the electricity supplier must supply 25% of its total electricity from renewable energy resources. Establishes the renewable energy resources fund. Requires an electricity supplier that fails to supply electricity from renewable energy resources according to the specified percentage to pay a penalty. Deposits the penalties in the renewable energy resources fund. Requires the Indiana economic development corporation, in consultation with the Indiana utility regulatory commission, to develop a strategy to attract renewable energy manufacturing facilities, including wind turbine component manufacturers, to Indiana.
    Current Status:
     In Committee - first House
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