Colorado's renewable portfolio standard (RPS) seeks to meet a goal of 30% of investor owned utilities, 10% of Electric cooperatives, and 10% of Municipal utilities serving more than 40,000 customers by 2020. It has a solar carve out of 3% of the RPS. Half of the 3% requirement must be "retail distributed generation" serving on-site load.
Markets for CO systems
Determine for each component for which there was noncompliance the cost that would have been incurred by the Qualifying Retail Utility (QRU) to fully comply with the standard through the acquisition of RECs and issue an order requiring the QRU to issue bill credits in such amounts to retail customers.
3% of each year's renewable energy target.
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