US Codex
Bill
Notes

Renewable Energy Certainty Act

S. 5320 · 118th Congress · Nov 14, 2024 · Lineage

A BILL

To amend the National Energy Conservation Policy Act to authorize certain long-term contracts for Federal purchases of energy, and for other purposes.

Section 1 Short title

This Act may be cited as the “Renewable Energy Certainty Act”.

Sec. 2 Contracts for Federal purchases of energy

(a)
In general— Part 3 of title V of the National Energy Conservation Policy Act (42 U.S.C. 8251 et seq.) is amended by adding at the end the following:

“554. Long-term contracts for energy

“(a) In general—Notwithstanding section 501(b)(1)(B) of title 40, United States Code, an agency may enter into a contract for the acquisition of energy generated from renewable energy sources or from cogeneration facilities covering a period of not more than 30 years.

“(b) Standardized energy purchase agreement—Not later than 90 days after the date of enactment of this section, the Secretary, through the Federal Energy Management Program, shall publish a standardized energy purchase agreement, setting forth commercial terms and conditions, that agencies may use to acquire energy generated from renewable energy sources or from cogeneration facilities.

“(c) Technical assistance—The Secretary shall provide technical assistance to assist agencies in implementing this section.”

(b)
Clerical amendment— The table of contents for part 3 of title V of the National Energy Conservation Policy Act (Public Law 95–619; 92 Stat. 3208; 119 Stat. 606; 119 Stat. 611) is amended by adding at the end of part 3 the following: