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State Renewable Energy Mandates |
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Many states are implementing Renewable Portfolio Standards (RPS), which mandate that a certain percentage of that specific state’s electric utilities’ retail electricity sales are generated from renewable resources, or in some states, saved through energy efficiency programs.
Click for larger image. Let's use North Carolina as an example to gain more insight about a mandated RPS. That state's electric cooperatives are prepared to meet these state-mandated requirements because electric cooperatives have long supported responsible stewardship of the environment and recognize renewable energy and energy efficiency as important components of a balanced energy supply strategy. But, a closer look at North Carolina's requirements shows that the state's electric cooperatives are mandated to buy renewable energy or reduce demand for electricity by the following standards: • 2012—3% of 2011 NC retail sales • 2015—6% of 2014 NC retail sales • 2018—10% of 2017 NC retail sales
The electric cooperatives in North Carolina understand that these state-enacted mandates will cause consumers' electric bills to increase. In fact, a report prepared by the North Carolina Utilities Commission identifies that this legislative mandate could cost the state $2.7 billion with $270 - $300 million of that falling to cooperative consumers. Cooperative leaders have worked with state officials to create an economic safeguard for cooperative members, ensuring that residential members will not see a cost increase of more than $34/year from 2015 on.
North Carolina's electric cooperatives are meeting energy efficiency and renewable energy goals and requirements in a comprehensive, balanced and collaborative manner through energy efficiency programs and renewable energy projects across the state.
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