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Study Mandated on Federal Spending Effectiveness for Renewable Energy Certificates.

This law requires the Comptroller General to conduct a detailed study on how federal agencies use Renewable Energy Certificates (RECs) to meet clean energy mandates. The goal is to determine if these certificates actually result in new renewable energy capacity and if this is the most cost-effective way for the government to achieve its sustainability goals using taxpayer funds. The findings will inform future legislation regarding federal energy investments.
Key points
Mandates a study by the U.S. Comptroller General on the effectiveness and use of renewable energy certificates by federal agencies.
Evaluation of whether the purchase of RECs leads to new investments in renewable energy generation capacity.
Comparison of costs and risks associated with RECs versus power purchase agreements or onsite renewable installations for government compliance.
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Additional Information
Print number: 118_HR_8961
Sponsor: Rep. Brownley, Julia [D-CA-26]
Process start date: 2024-07-09