Mar 22, 2010 9:29 AM by Jamie Smith

Colorado poised to raise renewable energy standard

A bill requiring Colorado utilities to use more renewable energy, including smaller-scale solar projects, is on its way to becoming law.

Gov. Bill Ritter plans to sign it at a solar installation company based in Denver on Monday.

Utilities must now get 20 percent of their power from renewable sources by 2020. The bill would increase 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.


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