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Home > Legislative Tracker > Renewable Energy Provisions Energy:
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| Sen. Mark B. Madsen, Chair Sen. Dan R. Eastman Sen. Fred J. Fife Sen. Patricia W. Jones |
Sen. Sheldon L. Killpack Sen. Dennis E. Stowell |
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The bill text to be presented to the Senate Workforce Services Committee is evolving. It's reported that the renewable energy development zones task force will be omitted because similar language is included in a bill sponsored by Senator Stowell. Here are the details about SB 173.
Sets a standard of 25% of electricity coming from renewable sources by 2025--26 states, including our neighbors in Arizona, Nevada, Colorado, and New Mexico already have similar standards in place.
Puts a clear plan in place to get us from 3% renewable energy now to 25% by 2025--Just as we couldn’t raise test scores in our schools without incremental goals, SB 173 encourages a 5% renewables standard by 2012, 15% by 2016, 20% by 2021, and 25% by 2026.
Encourages rural economic development in Utah--SB 173 establishes a Renewable Energy Development Zone Task Force to identify and bring online key renewable energy development zones in Utah, most of which lie in rural areas.
Attracts clean energy jobs and investment to our state--With our enormous potential, a renewable energy standard will enable Utah to tap into the booming clean energy market and bring jobs and investment to our state.
Protects ratepayers--“Off-ramps” are included for utilities if proposed renewable projects become too costly.
Diversifies our energy portfolio--Just like you didn’t invest your retirement savings solely in Enron stock (hopefully!), we don’t want to invest our future in one energy source. A diverse energy portfolio means stability for our economy and our energy supply.
Renewable means renewable--SB 173 does not let non-renewable energy like coal with carbon sequestration or nuclear power reduce the 25% goal.
Thanks to John Urgo for this summary.
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