Renewable Electricity Promotion Act of 2010

[AI summary unavailable — showing source text] Renewable Electricity Promotion Act of 2010 - Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to establish a standard that requires electric utilities to obtain an increasing percentage of their base quantity of electricity that they sell to consumers from renewable energy or energy efficiency (3% in 2012-2013, 6% in 2014-2016, 9% in 2017-2018, 12% in 2019-2020, and 15% in 2021-2039). Requires the Secretary of Energy (DOE) to establish a renewable energy credit trading program and an energy efficiency credit trading program, under which utilities will submit credits to comply with such standard. Provides for the issuance, duration, transfer, trading, tracking, and reporting of credits. Sets forth civil penalties for utilities that fail to meet such requirements. Allows the Secretary to delegate to: (1) a market-making entity the administration of a national renewable energy credit market and a national energy efficiency credit market to create a transparent national market for the sale or trade of such credits, and (2) regional entities the tracking of dispatch of renewable energy generation;. Authorizes: (1) a state public utility commission or electric utility t…