American Renewable Energy Act of 2026

This bill would create a federal renewable electricity standard for electric utilities that sell at least 1,000,000 megawatt hours of electricity a year. From 2027 through 2036, these utilities would have to turn in credits showing that a rising share of their electricity came from renewable sources such as wind, solar, geothermal, certain hydropower, and certain biogas, starting at 20 percent in 2027 and reaching 70 percent in 2036. Part of each utility's credits would have to come from small local generation and from generation in communities the bill defines as impacted. Utilities could instead pay $50 per missing credit, adjusted for inflation, to states that must spend the money on renewable energy, storage, or energy efficiency. The bill also sets penalties for not complying and confirms that states may set rates for renewable energy in voluntary state incentive programs.

Full text and official record on Congress.gov

Sponsors

• Yvette D. Clarke Democrat sponsor
• 0 cosponsors