Modifies provisions for renewable energy resources

Summary

The bill would mandate that electric utilities gradually raise the portion of electricity they generate or purchase from renewable sources, reaching 100% by 2061. It defines which energy sources count, lets utilities use tradeable renewable energy credits to meet the goals, and creates a special exemption for very large customers called accelerated renewable buyers. It also caps any resulting retail rate increase at one percent and orders the commission to track the credits.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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