Ariz. Admin. Code § R14-2-1804 - Annual Renewable Energy Requirement
A. In order to ensure reliable electric
service at reasonable rates, each Affected Utility shall be required to satisfy
an Annual Renewable Energy Requirement by obtaining Renewable Energy Credits
from Eligible Renewable Energy Resources.
B. An Affected Utility's Annual Renewable
Energy Requirement shall be calculated each calendar year by applying the
following applicable annual percentage to the retail kWh sold by the Affected
Utility during that calendar year:
|
2006 |
1.25% |
|
2007 |
1.50% |
|
2008 |
1.75% |
|
2009 |
2.00% |
|
2010 |
2.50% |
|
2011 |
3.00% |
|
2012 |
3.50% |
|
2013 |
4.00% |
|
2014 |
4.50% |
|
2015 |
5.00% |
|
2016 |
6.00% |
|
2017 |
7.00% |
|
2018 |
8.00% |
|
2019 |
9.00% |
|
2020 |
10.00% |
|
2021 |
11.00% |
|
2022 |
12.00% |
|
2023 |
13.00% |
|
2024 |
14.00% |
|
After 2024 |
15.00% |
The annual increase in the annual percentage for each Affected Utility will be pro rated for the first year based on when the Affected Utility's funding mechanism is approved.
C. An Affected Utility may use Renewable
Energy Credits acquired in any year to meet its Annual Renewable Energy
Requirement.
D. Once a Renewable
Energy Credit is used by any Affected Utility to satisfy these requirements,
the credit is retired and cannot be subsequently used to satisfy these rules or
any other regulatory requirement.
E. If an Affected Utility trades or sells
environmental pollution reduction credits or any other environmental attributes
associated with kWh produced by an Eligible Renewable Energy Resource, the
Affected Utility may not apply Renewable Energy Credits derived from that same
kWh to satisfy the requirements of these rules.
F. No more than 20 percent of an Affected
Utility's Annual Renewable Energy Requirement may be met with Renewable Energy
Credits derived pursuant to
R14-2-1807.
G. An Affected Utility may ask the Commission
to preapprove agreements to purchase energy or Renewable Energy Credits from
Eligible Renewable Energy Resources.
Notes
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