After more than two years of hard work from renewable energy advocacy groups, the Arizona Attorney General approved the state's renewable energy standard (RES) on Friday, requiring Arizona utilities to generate 15 percent of their electricity from renewable resources by 2025.
The RES mandates that 30% of the renewable power must come from distributed generators, creating a huge market for photovoltaics (PV) in the state. The 30 percent requirement could result in the installation of 2,000 megawatts (MW) of solar by the 2025 target date.
Funding for the Renewable Energy Standard will be provided through a tariff assessment of $0.004988 per kilowatt-hour (kWh) with monthly impacts capped at $1.05 for residential customers, $39 for small commercial, and $117 for large commercial.
clipped from: www.renewableenergyaccess.com