SB762:

Electric utilities; retail competition, renewable energy.

Bill Summary:

Electric utilities; retail competition; renewable
energy. Allows individual retail customers of an electric utility
to purchase electric energy provided 100 percent from renewable energy
from any licensed supplier. The measure eliminates (i) provisions
that prohibit such a purchase from a licensed supplier that is an
incumbent electric utility that is not the incumbent electric utility
serving the exclusive service territory in which the customer is
located and (ii) a condition that permits such purchases only if
the electric utility serving the applicable exclusive service territory
does not offer a tariff for 100 percent renewable energy.