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A bill to amend the Public Utility Regulatory Policies Act of 1978 to establish a renewable electricity standard, and for other purposes.

Read twice and referred to the Committee on Energy and Natural Resources.

Official summary

Version 00 · Introduced in Senate · Feb 12, 2009

Amends the Public Utility Regulatory Policies Act of 1978 to require a retail electric supplier to submit to the Secretary of Energy for calendar year 2012 and thereafter one or more of the following: (1) specified federal renewable energy credits; (2) certification of the renewable energy generated and electricity savings; and (3) specified alternative compliance payments.

Prescribes, for calendar years 2012 through 2039, a schedule of graduated annual percentages of a retail electric supplier's base amount that shall be generated from renewable energy resources.

Directs the Secretary to establish a program to: (1) verify and issue federal renewable energy credits to generators of renewable energy; (2) track the sale, exchange, and retirement of the credits; and (3) enforce the federal renewable energy credits program.

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Directs the Secretary to issue a generator of electric energy one federal renewable energy credit for each kilowatt hour of electric energy generated by the use of a renewable energy resource at an eligible facility.

Prescribes rules for federal renewable energy credit trading, and for borrowing and repayment of borrowed federal renewable energy credits.

Retains the authority of a state or its political subdivision to: (1) adopt or enforce any law (including regulations) respecting renewable energy; or (2) regulate the acquisition and disposition of federal renewable energy credits by retail electric suppliers.

Permits an electric utility that has sales of electric energy subject to rate regulation to recover the full cost of renewable energy obtained to comply with this Act.

Directs the Secretary to arrange with the National Academy of Sciences to evaluate and report to Congress on the program established under this Act.

Establishes in the Treasury a state renewable energy account.

Read the summary on Congress.gov
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Who introduced it

Sen. Udall, Tom [D-NM] · D–NM

Committees

  • Energy and Natural Resources Committee
10 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Energy and Natural Resources.

  2. Sponsor introductory remarks on measure. (CR S2245-2246)

  3. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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Objective

Analyze S.433 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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