HB 2701 Summary

• Establishes renewable energy standards requiring public power entities and public service corporations serving at least 750,000 annual retail energy hours to derive 15% of electricity from renewable sources by 2025.

• Defines renewable energy to include solar, wind, geothermal, biomass, hydroelectric, agricultural waste, landfill gas, and nuclear sources.

• Allows utilities to meet renewable energy goals through customer incentives including energy efficiency rebates, net metering, demand response programs, and support for customer-owned electricity generation facilities.

• Exempts utilities from requirements if compliance cannot be achieved while maintaining just and reasonable costs to customers under existing statutory obligations.

• Grants the Arizona Corporation Commission enforcement authority over public service corporations and local governing bodies enforcement authority over public power entities, through rules that do not enlarge obligations or increase customer costs beyond administrative compliance expenses.