PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S1642-1643)
Congressional Research Service
Version 00 · Introduced in Senate · Feb 17, 2005
Renewable Energy Investment Act of 2005 - Amends the Public Utility Regulatory Policies Act of 1978 to require retail electric suppliers to submit to the Secretary of Energy renewable energy credits in an amount equal to the required annual percentage of the retail electric supplier's total amount of kilowatt-hours of non-hydropower electricity sold to retail consumers during the previous calendar year (excluding incremental hydropower).
States that a renewable energy credit that is not used to satisfy the minimum requirement for that year may be carried over for use within the next two years.
Specifies a schedule of the minimum percentage of renewable energy sources that must be used to generate the total amount of non-hydropower electricity sold by each retail electric supplier during a calendar year (excluding incremental hydropower).
Showing the opening paragraphs of the official summary.
Directs the Secretary to: (1) establish a program to issue, monitor the sale or exchange of, and track renewable energy credits; and (2) make funds available under this Act to State energy agencies for grant programs for renewable energy research and development, and for loan guarantees to encourage construction of renewable energy facilities.
People & committees
Sen. Jeffords, James M. [I-VT] · I–VT
Legislative record
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Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S1642-1643)
Sponsor introductory remarks on measure. (CR S1641-1642)
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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