As previously reported, on February 7, 2012, Georgia State Sen. Buddy Carter (R-Pooler, Dist. 1) introduced SB 401, which seeks to remove barriers to renewable energy development in the state and ensure a full range of financing tools, including power purchase agreements (PPAs), are available to finance such projects in a way that draws investment and jobs to Georgia. PPAs are currently permitted in 45 other states. Facing stiff opposition by Georgia’s utilities, and the realization that the Georgia Senate Natural Resources Committee was likely not going to move on SB 401, the bill sponsor Sen. Carter amended another bill in… Read more
Tag: Buddy Carter
GA State Senate Bill 401 seeks to promote property rights and renewable energy
On February 7, 2012, Georgia State Senator Buddy Carter (R-Pooler, Dist. 1) introduced SB 401, which seeks to clarify the purpose of the Georgia Cogeneration and Distributed Generation Act of 2001 (“CoGen Act”) and remove artificial barriers to renewable energy development in the state. At the request of representatives and business leaders in the renewable energy industry, SGR attorneys Steve O’Day and Jessica Lee Reece prepared the initial draft of the revised Act. The bipartisan bill is also sponsored by Ronnie Chance (R-Tyrone, Dist. 16), Jason Carter (D-Decatur, Dist. 42), Tommie Williams (R-Lyons, Dist. 19), Chip Rogers (R-Woodstock, Dist. 21) and… Read more