Renewable Electricity Standard Act of 2013

[AI summary unavailable — showing source text] Renewable Electricity Standard Act of 2013 - Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to require a retail electric supplier to submit to the Secretary of Energy (DOE) for 2014 and thereafter one or more of the following: (1) specified federal renewable energy credits, (2) certification of the renewable energy generated and electricity savings, and (3) specified alternative compliance payments. Prescribes, for 2014 through 2039, a schedule of graduated annual percentages of a retail electric supplier's base amount that shall be generated from renewable energy resources (increasing from 6% in 2014 to 25% in 2025). Directs the Secretary to establish a program to: (1) verify and issue federal renewable energy credits to generators of renewable energy; (2) track the sale, exchange, and retirement of the credits; and (3) enforce the federal renewable energy credits program. Directs the Secretary to issue a generator of electric energy one federal renewable energy credit for each kilowatt hour of electric energy generated by the use of a renewable energy resource at an eligible facility. Prescribes rules for federal renewable energy credit trading and for borrowin…