"Renewable Energy for a New Economic Development Horizon Act of +", establishing a renewable energy standard and objective for public +utilities supplying electricity at retail; defining certain terms relating to +renewable energy resources; establishing the initial renewable energy standard +and objective levels, requiring and providing for annual increases +between certain years based on total state electricity consumption and specifying +certain generation and allocation requirements of electricity suppliers, +requiring certain compliance evidence to the public utilities commission, +requiring the PUC to require noncomplying suppliers to develop and implement +compliance plans for approval; requiring the crediting of electric energy provided to +retail customers under a renewable rate option toward the objectives under +certain conditions; requiring the PUC to adopt implementation rules, +requiring the establishment of mechanisms to constrain or cap compliance costs and +to ensure economic energy supplies and the establishment of a program for +tradeable credits; repealing certain existing renewable energy objectives (je)