Buyer's Guide 2024

Renewable Energy Standard

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Regulatory Policy
Program Type
Renewables Portfolio Standard
Implementing Sector
State
State
Colorado
Eligible Storage Technologies
Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Landfill Gas, Wind (Small), Anaerobic Digestion, Fuel Cells using Renewable Fuels
Standard
Investor-owned utilities: 30% by 2020
Electric cooperatives serving 100,000 or more meters: 20% by 2020
Electric cooperatives serving fewer than 100,000 meters: 10% by 2020
Municipal utilities serving more than 40,000 customers: 10% by 2020
Technology Minimum
Investor-owned utilities: 3% of retail sales by 2020 must come from Distributed Generation (as defined in law), of which, half must be "retail distributed generation" serving on-site load

Cooperatives that provide service to 10,000 or more meters: 1% of retail sales by 2020 must come from Distributed Generation (as defined in law), of which, half must be "retail distributed generation" serving on-site load

Cooperatives that provide service to less than 10,000 meters: 0.75% of retail sales by 2020 must come from Distributed Generation (as defined in law), of which, half must be "retail distributed generation" serving on-site load.
Compliance Multipliers
1.25 for electricity generated from eligible energy resources beginning operation prior to 2015 (excludes retail DG)
1.50 for electricity generated at a “community-based project”
3.00 for electricity generated from solar located in the territory of a cooperative or municipal utility; the electricity must be generated by a facility that begins operation before July 1, 2015, for electric cooperatives and by December 31, 2016, for municipal utilities
2.00 for electricity generated by projects up to 30 MW that are interconnected to electrical transmission or distribution lines owned by a cooperative or municipal utility that are installed prior to December 31, 2014
REC Lifetime
RECs expire at the end of the fifth calendar year following the calendar year in which it was generated.
Credit Trading/Tracking System
Yes (WREGIS)
Alternative Compliance Payment
N/A
Administrator
Applicable Sectors
Investor-Owned Utility, Municipal Utilities, Cooperative Utilities
Budget
Start Date
11/01/2004
Last Updated
12/08/2021
Funding Source

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