Dive Summary:
- Colorado passed a bill to increase clean energy standards to 25% for rural electric cooperatives, a leap from 10%.
- The effort defeated opponents who said clean energy standards are unconstitutional and costly.
- Legislators agreed that renewables increased utilities’ bottom line and stimulated economic activity in rural Colorado.
From the article:
“Speaker Pro Tempore Claire Levy reported that the utility Xcel found that increasing its share of renewables was good for its bottom line, and because this bill included a 2 percent rate cap, ratepayers would be protected”