Last Friday, Salt River Project, a utility that serves a third of Arizona, announced new ‘Sustainable Portfolio Priniciple’ goals. Perhaps you saw press accounts (Phoenix Business Times, Arizona Republic). What does it mean for renewable energy?
Well, it’s not totally clear. SRP announced that their new proposal is for 18% of their
The Salt River Project (SRP) is a utility that delivers about a third of the electricity in Arizona. Unlike the other utilities in the state, it is not regulated by the Arizona Corporation Commission—and not covered by the state’s rules for renewable energy. Instead, it has a voluntary standard that it calls its “Sustainable Portfolio”. SRP is