§ 7-56-210 — Renewable energy cooperatives

(1) It is the policy of this state to
encourage local ownership of renewable energy generation facilities to improve the
financial stability of rural communities.

(2) Subject to the provisions of this article, a renewable energy cooperative
may be organized for the purpose of promoting electric energy efficiency
technologies to its members, generating electricity from renewable resources and
technologies, and transmitting and selling the electricity at wholesale.

(3) For purposes of this section, renewable resources or technologies
means biomass, geothermal energy, solar energy, small hydroelectricity, and wind
energy. Hydrogen derived from biomass, geothermal energy, solar energy, small
hydroelectricity, and wind energy is also considered to be renewable energy for the
purposes of this article. Renewable resources or technologies does not include
pumped storage facilities; hydroelectricity other than small hydroelectricity; coal,
natural gas, oil, propane, or any other fossil fuel; or nuclear energy. Renewable
resources or technologies also does not include hydrogen derived from pumped
storage facilities; hydroelectricity other than small hydroelectricity; coal, natural
gas, oil, propane, or any other fossil fuel; or nuclear energy.

Legislative History

Source: L. 2004: Entire section added, p. 1121, � 1, effective May 27.