Pennsylvania House Bill 1580 (to fix the SREC Market) has finally been formally introduced as legislation. It had a majority of the representatives in the General Assembly of the House as co-sponsors (publicly declared they will vote for the bill).
However, the bill needs to get passed from the Consumer Affairs committee before it can be voted upon in the House. Then, it must be passed in the Senate. Unfortunately, the bill is extremely time sensitive, so if it is delayed in committee the negative financial consequences maybe almost as bad as if the bill does not pass.
Here is a set of links to more information about the bill and the issue:
- Alternative Energy Portfolio Standards Act (to be amended by PA HB 1580)
- Text and voting history of the bill
- Original explanation of the SREC market issue (May 2011)
- Response to inaction on bill (September 2011)
- Updated explanation of the SREC market issue (October 2011)
- PA House Consumer Affairs Committee (in control of sending the bill to the floor of the House of the General Assembly)
- Find your legislator to tell them about your support for the bill!
- Pennsylvania Solar Advocacy Day on Monday, October 24th in Harrisburg
Cheers,
Sean Diamond
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