U.S. Rep. Jay Inslee Introduces Feed-In Tariff Bill to Congress
On June 26, 2008, U.S. House Representative Jay Inslee, along with three other democratic representatives, introduced H.R. 6401, the Renewable Energy and Jobs Security Act, which would provide long-term (20-year), fixed rate utility contracts to renewable and other clean generators up to 20 MW. The FERC would set the technology-specific rates once every two years,…
On June 26, 2008, U.S. House Representative Jay Inslee, along with three other democratic representatives, introduced H.R. 6401, the Renewable Energy and Jobs Security Act, which would provide long-term (20-year), fixed rate utility contracts to renewable and other clean generators up to 20 MW. The FERC would set the technology-specific rates once every two years, with the goal of eventually reaching par with market rates. The cost of this program would be recovered through a regional cost-sharing commission to minimize the impact upon consumers. A companion bill has not yet been introduced to the Senate. More information on feed-in tariffs is available in the April 2008 Connecting to the Grid.
