AZ HCR2008

Concurrent resolution supporting the Arizona Corporation Commission's adoption and implementation of a statewide feed-in tariff policy for renewable energy.

Feed-in tariff would complement the existing Renewable Energy Standard requiring utilities to source 15% of retail sales from renewable energy by 2025.

Proposed tariff would target schools, nonprofits, and governmental institutions ineligible for federal Investment Tax Credits to help them deploy solar energy projects.

Feed-in tariffs compensate renewable energy producers based on monthly or yearly energy production rather than requiring upfront payment.

Policy aims to support Arizona's goal of becoming the solar energy capital of the world while achieving infrastructure cost savings through strategic solar deployment.