Colo. co-ops are exaggerating cost of RPS change, consultant says

04/10/2013 | SNL Financial (free content)

Raising Colorado's renewable portfolio standard from 10% to 25% by 2020 would not cost "billions of dollars" as claimed by electric cooperatives, former state Public Utilities Commission Chairman Ron Binz told members of a state Senate committee during an April 8 hearing. The co-ops' claim is "incredible and unbelievable" as the RPS proposal, as written, would be capped at no more than 2% in increased annual costs "beyond what they would have paid for fossil fuels," said Binz, who is now a public policy consultant.

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