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Renewable Energy

Renewable Energy

RPS AND NET METERING

solar panels installedRenewable Portfolio Standards require utilities, municipalities and electric cooperatives to sell a specified percentage or amount of renewable electricity. Twenty-nine states, Washington, D.C., and two territories have adopted an RPS. State net metering policies have facilitated the expansion of renewable energy through on-site generation, allowing customers to sell excess electricity to a utility and receive credit on their utility bill. View these briefs for an overview of state policies and recent legislative action.

 
 

INTEGRATING RENEWABLES

solar installationRenewable energy is fast becoming a major source of electricity in the U.S. and now generates 13 percent of the nation’s electricity. However, the variable nature of renewables poses challenges for grid operators. View this publication exploring how utilities and legislatures are working to address renewable energy integration challenges and highlighting recently enacted legislation.

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2014 LEGISLATION

windmillsIn the 2014 legislative session, states considered nearly 1350 bills related to renewable energy. Legislatures in at least 37 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands enacted more than 150 bills related to net metering; renewable portfolio standards and renewable energy credits; financing; siting, permitting and land use; and additional policy areas. View this document for summaries of enacted legislation.

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FINANCING

solar panels installedStates are using a number of tools to help eliminate cost barriers for customers financing renewable energy projects:

  • State energy banks combine public sector funds with private sector financing to lower the cost of renewable or efficient technology investments.
  • Property Assessed Clean Energy (PACE) financing allows consumers to finance renewable energy projects through property assessments.

 

 

OVERVIEW

Renewable energy resources, including solar, wind, geothermal, biomass and ocean technologies, play an increasingly important role in providing energy to power today’s modern economy. As renewable energy technologies’ share of the energy mix grows, lawmakers are seeking innovative ways to meet integration and technological challenges while continuing to harvest the Earth’s inexhaustible resources.

 

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