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Longer Contracts for Green Energy Purchases by US Government

New rules allow US government agencies to sign long-term contracts, up to 30 years, for renewable energy purchases. This aims to increase the stability of green energy supply for federal buildings. Citizens may feel an indirect impact through increased investment in clean energy and potentially lower long-term government operating costs.
Key points
Federal agencies can enter into contracts for renewable energy purchases for up to 30 years.
A standardized energy purchase agreement will be published to help agencies acquire green energy.
The government will provide technical assistance to agencies for implementing renewable energy initiatives.
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Additional Information
Print number: 117_HR_1033
Sponsor: Rep. Welch, Peter [D-VT-At Large]
Process start date: 2021-02-11