Relating to renewable energy; and prescribing an effective date.
Catchline/Summary:
Exempts alternative energy system from property tax if system is net metering facility or other system primarily designed to offset onsite electricity use. Exempts alternative energy system from property tax if system is net metering system] facility or other system primarily designed to offset onsite electricity use.
Authorizes Public Utility Commission to establish rates for renewable energy generation facilities.
Authorizes public utility to use moneys obtained through cost-of-service rate to provide renewable energy generation facilities to property owners or customers.
Authorizes Governor to suspend renewable fuel use standards for ethanol if Governor determines that compliance with standards is technically or economically infeasible or poses significant risk to public safety. Provides that suspension be limited to counties east of summit of Cascade Mountains.
Takes effect on 91st day following adjournment sine die.
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HB 3488
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