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Committee outlines compromise on renewable energy fund sweep and retention for committed projects
Summary
Committee leaders described a compromise that would allow a sweep of the renewable energy fund to the general fund for 2025 while retaining enough money to complete contracted projects and keep solar in portfolio standards; up to $5 million would remain available for new projects after administrative costs.
Leaders of the Senate Energy and Natural Resources Committee outlined a compromise to address the renewable energy fund’s balances and near‑term state revenue needs.
Senator Pearl and another committee member described an amendment that would allow a one‑time sweep of part of the renewable energy fund into the general fund for 2025, while preserving sufficient funding for…
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