Feed-In Tariffs: A Valuable Tool

Law360, New York (November 11, 2008, 12:00 AM EST) -- California’s Renewables Portfolio Standard (“RPS”) requires California’s investor owned electric utilities (“IOUs”) and other retail electric sellers to procure 20 percent of their retail electric sales from eligible renewable resources by no later than 2010.

In addition, Governor Schwarzenegger directed that the 2007 Integrated Energy Policy Report prepared by the California Energy Commission (“CEC”) review the feasibility of extending RPS goals to 33 percent renewable energy by 2020.

Since then, the CEC and the California Public Utilities Commission (“CPUC”) have been working together to evaluate the...
To view the full article, register now.