Colo. raises renewable energy standard
DENVER – A bill requiring Colorado utilities to use more renewable energy, including smaller-scale solar projects, is now law.
Gov. Bill Ritter signed the bill Monday at a Denver-based solar installation company.
Utilities must now get 20 percent of their power from renewable sources by 2020. The bill increases that to 30 percent over the same time, a standard just below California’s 33 percent requirement. Most other states with renewable energy standards are in the 20-percent range.
The bill requires that 3 percent of a utility’s power sales be spent on power from solar installations at homes and businesses. That’s aimed at creating more business for the estimated 230 small solar installers in Colorado.
The measure is House Bill 1001.