A BILL TO BE ENTITLED
AN ACT to Require an electric public utility to meet twenty‑five percent and no more of its renewable energy and energy efficiency portfolio standard (REPS) requirements through savings due to implementation of energy efficiency measures through calendar year 2020 and, beginning in calendar year 2021,  meet forty percent and no more of its REPS requirements through savings due to implementation of energy efficiency measures.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 62‑133.8(b)(2) reads as rewritten:
"(2)	An electric public utility may meet the requirements of this section by any one or more of the following:
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c.	Reduce energy consumption through the implementation of an energy efficiency measure; provided, however, an electric public utility subject to the provisions of this subsection shall meet  twenty‑five percent (25%) and no more of the requirements of this section through savings due to implementation of energy efficiency measures. Beginning in calendar year 2021 and each year thereafter, an electric public utility shall meet  forty percent (40%) and no more of the requirements of this section through savings due to implementation of energy efficiency measures.
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SECTION 2.   This act becomes effective October 1, 2011.