Bill Summary for S 629 (2015-2016)

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Summary date: 

Mar 30 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 629 (Public) Filed Thursday, March 26, 2015
AN ACT TO ENCOURAGE AND INCREASE ENERGY EFFICIENCY IN NORTH CAROLINA BY REMOVING CERTAIN CAPS AND LIMITS IN THE RENEWABLE ENERGY PORTFOLIO STANDARDS.
Intro. by Brock.

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Bill summary

Amends GS 62-133.8(b)(2) and GS 62-133.8(h)(1) as the title indicates. Includes removing the cap that limits funding for research that encourages the development of renewable energy, energy efficiency, or improved air quality to $1 million per year.