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S. 1264: Renewable Electricity Standard Act

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S. 1264: Renewable Electricity Standard Act

114th Congress · introduced 2015-05-11 · Energy · Latest: Committee on Energy and Natural Resources. Hearings held.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-05-11 · official record
  2. Who proposed it: Sen. Udall, Tom [D-NM] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Committee on Energy and Natural Resources. Hearings held. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Renewable Electricity Standard Act

Plain summary

Renewable Electricity Standard Act Amends the Public Utility Regulatory Policies Act of 1978 to require a retail electric supplier to submit to the Department of Energy (DOE) for 2015 and thereafter one or more of the following: (1) specified federal renewable energy credits, (2) certification of the renewable energy generated and electricity savings, and (3) specified alternative compliance payments. Prescribes, for 2015 through 2039, a schedule of graduated annual percentages of a retail electric supplier's base amount that shall be generated from renewable energy resources (increasing from 7.5% in 2015 to 30% in 2030). Directs DOE to establish a program to: (1) verify and issue federal renewable energy credits to generators of renewable energy; (2) track the sale, exchange, and retirement of the credits; and (3) enforce the federal renewable energy credits program. Directs DOE to issue a generator of electric energy one federal renewable energy credit for each kilowatt hour of electric energy generated by the use of a renewable energy resource at an eligible facility. Prescribes rules for federal renewable energy credit trading and for borrowing and repayment of federal renewable energy credits. Provides that this Act does not diminish the authority of a state or its political subdivision to: (1) adopt or enforce any law (including regulations) respecting renewable energy, or (2) regulate the acquisition and disposition of federal renewable energy credits by retail electric suppliers. Permits an electric utility that has sales of electric energy subject to rate regulation to recover the full cost of renewable energy obtained to comply with this Act. Establishes in the Treasury a state renewable energy account for a grant program for promoting renewable energy production and providing energy assistance and weatherization services to low-income consumers.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Renewable Electricity Standard Act

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Udall, Tom [D-NM] · 6 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Edward J. Markey (D-MA), Sheldon Whitehouse (D-RI), Jeff Merkley (D-OR), Martin Heinrich (D-NM), Mazie K. Hirono (D-HI), Michael F. Bennet (D-CO)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-s1264 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114