ARIZONA: thoughts on Prop 127?
#1
Racer
Thread Starter
ARIZONA: thoughts on Prop 127?
Hey Arizona Residents,
What do you all think of prop 127?
A California billionaire is hoping to amend the state's Constitution to require utilities to invest in specific resources to make power, regardless of how it impacts customers' electric bills.
https://ballotpedia.org/Arizona_Prop...itiative_(2018)
What do you all think of prop 127?
A California billionaire is hoping to amend the state's Constitution to require utilities to invest in specific resources to make power, regardless of how it impacts customers' electric bills.
Ballot summary
The ballot summary is as follows:[9]
The ballot summary is as follows:[9]
“A “YES” vote will replace Arizona’s current plan for transitioning nongovernmental electric utilities to renewable energy with a constitutional mandate that, irrespective of cost to consumers, 50% of the retail energy sales of these utilities come from certain types of renewable energy by 2030 (neither pre-1997 hydropower nor any nuclear generation counts for this percentage); the current plan increases use of the same types of renewable energy from 8% this year to 15% in 2025. A “YES” vote also will mandate that these utilities increase their use of distributed renewable energy (energy locally generated and distributed from customers’ premises) to 10% by 2030; will require the new mandates be met by obtaining renewable energy credits, which may be created through renewable energy production or purchased from others who own existing renewable energy credits; and will require the Arizona Corporation Commission to enact implementing regulations.
A “NO” vote will preserve the existing rules that govern the required annual percentage of retail sales of renewable energy by nongovernmental electric utilities.[10]
”
A “NO” vote will preserve the existing rules that govern the required annual percentage of retail sales of renewable energy by nongovernmental electric utilities.[10]
”
Last edited by Naaman; 10-09-2018 at 05:40 AM.
#6
Racer
Thread Starter
My primary concern with this is that our current infrastructure would have to be "throttled back" in order to meet the requirement of 50%. The whole thing reeks of "financial interest" to me... someone trying to create a demand for a product he's already invested in.
#7
Team Owner
No No No
#9
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Nope....all day, nope!