GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
S 1
SENATE BILL 730
|
Short Title: Expand CEPS/Nuclear and Hydro. |
(Public) |
|
|
Sponsors: |
Senator Jarvis (Primary Sponsor). |
|
|
Referred to: |
Rules and Operations of the Senate |
|
March 26, 2025
A BILL TO BE ENTITLED
AN ACT to expand the clean energy portfolio standard to include existing nuclear and large hydroelectric power facilities.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 62‑133.8 reads as rewritten:
"§ 62‑133.8. Clean Energy and Energy Efficiency Portfolio Standard (CEPS).
(a) Definitions. – As used in this section:
…
(4c) "New clean energy facility" means:
a. A new renewable energy facility; or
b. Facilities placed into
service on or after January 1, 2007, which that are either (i) a
nuclear energy facility, including an uprate to a nuclear energy facility, or
(ii) a fusion energy facility.
(5) "New renewable energy facility" means a renewable energy facility that either:
a. Was placed into service on or after January 1, 2007.
b. Delivers or has delivered electric power to an electric power supplier pursuant to a contract with NC GreenPower Corporation that was entered into prior to January 1, 2007.
c. Is a hydroelectric power
facility with a generation capacity of 10 megawatts or less that
delivers electric power to an electric power supplier.
…."
SECTION 2. This act is effective when it becomes law.