RI House Greenlights Green Electricity Bids

Law360, New York (June 17, 2009, 12:00 AM EDT) -- The Rhode Island House of Representatives has unanimously approved a bill that aims to spark private investment for in-state renewable energy projects by requiring Rhode Island's largest electric utility to forge long-term contracts with renewable energy projects to supply as much as 25 percent of the state's electricity load.

The bill, sponsored by House Majority Leader Gordon D. Fox, a Democrat, passed the House on Monday by a vote of 67-0. Similar legislation in the State Senate, sponsored by Democratic Sen. Joshua Miller, is expected to...
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