On Tuesday November 27th, the District of Columbia City Council voted unanimously to advance the CleanEnergy DC Omnibus Amendment Act of 2018 to a second reading. Most notably, this bill increases the District’s renewable energy mandate to 100% by 2032 and solar energy mandate to 10% by 2041.
In summary the bill addresses the following:
- Increases the lifetime eligibility of SRECs from three to five years
- Requires electricity suppliers to submit annual compliance reports which include the number of exempt load contracts from the Renewable Energy Portfolio Expansion Amendment Act of 2016 and the CleanEnergy DC Omnibus Amendment Act of 2018, respectively, in calendar years 2019, 2020, 2021, and 2022
- Draws forward the solar carve out requirement schedule by two years and extends the Alternative Compliance Penalty (ACP) schedule as follows:
The bill also addresses emissions reductions in the transportation sector, requiring that all public transportation and fleet vehicles become electric by 2045.
The second reading is scheduled for December 18th. If the Council votes on confirming the bill, it will be sent to the Mayor’s desk, who will have 10 business days to sign, disapprove, or let the bill pass without her signature. Further amendments could be made to the bill over the next three weeks. SRECTrade will continue to update participants on any updates made to the bill and progress on any significant legislative proceedings.Tweet