Delaware Business Blog

Bill promotes the establishment of clean offshore wind energy off the coast of Delaware

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The following Legislation affecting Title 26 (Public Utilities) of the Delaware Code was acted upon by the General Assembly on 6/25/2008:

Senate Bill # 328
Title: AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO OFFSHORE WIND POWER INSTALLATIONS.

Synopsis: This bill promotes the establishment of clean offshore wind energy off the coast of Delaware, while minimizing the cost concerns related to offshore wind installations and encouraging DPL to execute offshore wind power purchase agreements for customers by: (1) Creating a 350% offshore wind renewable energy credit multiplier, (2) Making the 350% renewable energy credit multiplier available for the life of offshore wind contracts, and (3) spreading both the cost and the benefits of offshore wind power contracts executed by DPL to DPL’s entire customer base, rather than only to DPL’s standard offer service customers.

Bill History:
Jun 25, 2008 – Signed by Governor
Jun 25, 2008 – Passed by House of Representatives.
(Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT)
Jun 25, 2008 – Necessary rules are suspended in House
Jun 25, 2008 – Passed by Senate.
(Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT)
Jun 25, 2008 – Lifted From Table in Senate
Jun 25, 2008 – Lifted From Table in Senate
Jun 25, 2008 – Necessary rules are suspended in Senate
Jun 25, 2008 – Laid On Table in Senate

One thought on “Bill promotes the establishment of clean offshore wind energy off the coast of Delaware

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