Wisconsin Passes R2K Bill

The Wisconsin state legislature passed the “Reliability 2000” bill, known as R2K, making it the first state to create an independent energy efficiency fund and a renewable energy requirement without deregulating its utilities.

The Renewables Portfolio Standard starts at a half percent by the end of 2001 and increases to 2.2 percent by the end of 2011. This will triple the amount of non-hydro renewables (400 MW), enough to meet the entire electricity needs of 204,000 homes and to reduce air emissions equal to taking 145,000 cars off the road.

The bill also creates a “public benefits” fund that sets aside about $80 million a
year for energy efficiency, renewable energy, and environmental research.

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