Dive Summary:
- The Arizona Corporation Commission is reducing incentives provided by Tucson Electric Power Corp. for residential rooftop solar installations that generate electricity or heat water.
- Renewable energy generation incentives provided by the utility are also being eliminated; the commission justified the cuts because ratepayers need to be protected from rising costs of the state's renewable energy program.
- The commission also increase Tucson Electric's renewable energy spending by $5 million under a state mandate to increase their use of solar and other sources.
From the article:
The commission also is eliminating Tucson Electric's incentives for commercial customers' renewable energy generation, according to the Arizona Daily Star.
Commissioner Gary Pierce says the cuts approved Wednesday are justified because the costs of systems are dropping and because ratepayers need to be protected from rising costs of the state's renewable energy program. ...