We opposed HB 247, An Act to amend Title 26 of the Delaware Code relating to Renewable Energy Portfolio Standards.

This bill proposed to freeze the minimum percentage of renewable energy electricity suppliers must provide to customers at 2012 levels. Passage of this bill would have hindered the development and installation of additional renewable energy resources in Delaware, substantially decreased the return on investment for current renewable energy system owners, increased the amount of electricity that would be generated by fossil-fuel burning power stations, and thus, increased greenhouse gas emissions. Delaware has proudly been a leader in the nation in renewable energy policy, and this bill would have represented a huge step backwards. As Delaware is particularly susceptible to sea level rise, decreasing greenhouse gas emissions, a leading contributor to global warming, is critical to the health of our local environment.

HB 247 was tabled in the House Energy Committee on March 28, 2012. It did not make it to the floor for a vote.