Op-Ed: Why are regulators considering move away from clean energy?
As a result of fiscally responsible governance, Arizona is nationally known for an unrivaled business climate that has experienced soaring growth in recent years. While Arizonans are blessed with a smaller government and lower taxes than many states, there is one regulation that actually has the potential to unlock the path to sustainable economic growth for years to come.
Set by the Arizona Corporation Commission, the state’s Renewable Portfolio Standards require a portion of electricity from utilities to come from renewable energy sources. Currently, the RPS requirement is 15 percent by the year 2025 – a level that is no longer competitive with most other jurisdictions in the region.
Read the full op-ed in the Arizona Capitol Times