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Bill would align cost-cap rules for utilities' clean-energy compliance; committee to revisit paperwork
Summary
House Bill 3540 proposes a single limit on the cost of compliance for electric utilities subject to the renewable portfolio standard and statutory clean energy targets, aimed at reducing duplicative cost exposure for utilities and customers.
House Bill 3540 would establish a single limit on the cost of compliance for electric utilities that must meet both Oregon's renewable portfolio standard (RPS) and statutory clean energy targets established in prior legislation.
The sponsor, Representative Bobby Levy, described the bill as a way to ensure utilities are not exposed to separate or duplicate cost caps under two overlapping compliance frameworks. The measure creates a unified compliance-cost…
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