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Articles About Renewable Portfolio Standards

Virginia passes 100% RPS by 2050

A Renewables Portfolio Standard (RPS) requires utilities in the state to eventually source at least a certain percentage of their electricity from clean, renewable sources like solar panels. If they do not meet the standards for renewable energy generation, the utilities must pay fees to the state. Utilities in strong RPS states typically offer solar […]

Last modified: February 13, 2020

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Washington D.C.’s new renewable energy goals set the bar high

July 28th, 2016 Washington D.C. has long been a great place to go solar, with excellent solar rebates and the nation’s best SREC market that reduce the payback time for a rooftop system to under 6 years and result in almost $30,000 of profit over the life of the panels. But unless you have some […]

Last modified: April 3, 2017

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Rhode Island’s new renewable energy laws continue a history of success

June 28th, 2016 Earlier this month, the Rhode Island Legislature passed an extension of the state’s Renewable Portfolio Standard, which increases the amount of electricity the state plans to get from renewable sources to 38.5% by 2040. It also passed a bill to allow third-party solar financing and virtual net metering. When the bills are […]

Last modified: March 4, 2020

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Oregon is about to pass a new Renewable Portfolio Standard

February 17, 2016 On February 11th, 2016, Oregon’s state House of Representatives voted 39-20 to pass House Bill 4036, which would establish a new goal of 50% of renewable energy by 2040, eliminate nearly all of the coal power plants in Oregon by 2030, and establish a statewide community solar program. The bill is now […]

Last modified: February 17, 2016

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Hawaii Sets Goal of 100% Renewable Energy by 2045

Paradise is about to get a whole lot more… paradise-y. Hawaii Governor David V. Ige just signed some exciting new pieces of legislation that will ensure Hawaii gets a top spot in next year’s SPR Solar Power Rankings report. The most important of these laws, HB623 sets Hawaii up to generate 100% of its electricity […]

Last modified: March 4, 2019

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Delaware Rises To The Top Of The (Solar) Pack

We’ve been giving out kudos lately here at SPR (check out our recent blog singing Boston’s praises) and while we’re at it, we can’t miss Delaware. The last time we check in with the state solar policy was lukewarm at best, and we gave it a mediocre “C” grade. Boy have things changed! If you […]

Last modified: June 20, 2012

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RECs & SRECs & Green Tags, Oh My!

Today, I’m going to attempt to explain “REC” “SREC” aka “Green Tags.” I say try because these can be really, really…really complicated. They’re also worth money, so again, I’ll try, but the truth is that these things are variable in every State. First the simple: What do all of those letters mean? “REC” “SREC” and […]

Last modified: January 15, 2019

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