Colorado’s New Renewable Energy Law Under Review
Posted on Jul 11, 2013 in Legislative & Politics, Rates, Regulation & Policy, Renewable Energy | Comments Off on Colorado’s New Renewable Energy Law Under Review
A committee organized to review Colorado’s new renewable energy law will consider whether the law is feasible and how costs associated with compliance may be recovered. The law requires that 20 percent of a utility’s power supply come from renewables by 2020 with no more than a 2 percent rate increase to pay for the associated costs. At the committee’s first meeting, Tri-State Generation and Transmission Association reported that it would require 430 MW of wind power at a cost of $1 billion to satisfy the mandate. For more information, click here.
