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Federal Agencies Authorized to Sign 30-Year Renewable Energy Contracts

This law allows federal agencies to sign contracts for purchasing renewable or cogeneration energy for up to 30 years. This change provides long-term certainty for clean energy producers, encouraging greater investment and stability in the renewable energy sector. While primarily administrative, this commitment supports environmental goals and potentially stabilizes energy costs for government operations.
Key points
Federal agencies can now enter into contracts for renewable energy purchases lasting up to 30 years.
The goal is to boost the government's use of clean energy and provide stability for renewable energy developers.
A standardized energy purchase agreement will be created to simplify the process for agencies implementing these long-term contracts.
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Expired
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Additional Information
Print number: 118_S_5320
Sponsor: Sen. Welch, Peter [D-VT]
Process start date: 2024-11-14
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Renewable Energy Certainty Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_5320.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-11-14.

What are the main provisions?

Key points include:

  • Federal agencies can now enter into contracts for renewable energy purchases lasting up to 30 years.
  • The goal is to boost the government's use of clean energy and provide stability for renewable energy developers.
  • A standardized energy purchase agreement will be created to simplify the process for agencies implementing these long-term contracts.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Welch, Peter [D-VT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Environment Public Investments Economy