Does Louisiana have a Renewable Portfolio Standard?

At the present time the state does not have a Renewable Portfolio Standard (RPS).

For over a year the Louisiana Public Service Commission (PSC) studied the possibility of a RPS.
Their conclusion was that it would increase energy prices so they decided against it.

DOCKET NO.: R-28271 LPSC, Ex Parte.
In Re: Investigation regarding the feasibility of implementing a renewable standard portfolio for the Jurisdictional Electric Utilities in the State of Louisiana.

The PSC then commissioned a study of “green pricing” as an alternative. With “Green pricing” the customer may choose to buy renewable energy that the utility has contracted for, usually in blocks of 100kwh kilowatthours).
The utilities would be required to offer “green” electricity for a premium. The big difference is that with a RPS the utility would have to supply a certain percentage of their power from renewable sources no matter what it cost and the extra cost would be passed on to everybody in the fuel adjustment portion of the bill.
With “Green pricing” the utility would have to supply renewable electricity to those who are willing to pay the whole cost. In some areas “Green Power” is now less than “regular” electricity.
Where renewable power (typically wind) is less expensive than conventional, there is a huge demand. Where it is higher, demand is low and most is purchased because it makes people feel better about the environment. In the 10 largest programs, green power costs about .35¢ more per kwh ranging from -.3 to +.9¢ /kwh.
A typical home uses about 1500kwh/month or about $5 difference from non-green power.
Louisiana does not have a good wind resource onshore and offshore wind is more expensive
It does have an abundance of biomass that could be used to produce “green” power, but the conventional power price is not high enough to get investors interested even with the federal tax credit incentives.
Coal power plants can burn wood chips for very little investment or cost and would be the first choice of the utilities as a source of “green” electricity.