Renewable Portfolio Standards

A Renewable Portfolio Standard (RPS) is a regulation that requires the increased production of energy from renewable energy sources, such as wind, solar, biomass, and geothermal. Other common names for the same concept include Renewable Electricity Standard (RES) at the United States federal level and Renewables Obligation in the UK.The RPS mechanism generally places an obligation on electricity supply companies to produce a specified fraction of their electricity from renewable energy sources. Certified renewable energy generators earn certificates for every unit of electricity they produce and can sell these along with their electricity to supply companies.
Posts about Renewable Portfolio Standards
  • A Roundup of Solar Incentives for Arizona Residents

    … as 330+ solar installation companies operating in Arizona today. Renewable Portfolio Standards Make Room for Solar in Arizona Many states have adopted a policy tool known as Renewable Portfolio Standards (RPS), which allow for increased adoption of technologies like solar. Arizona is no exception, and has implemented an RPS (adopted in 2006…

    Matty Byloos/ RGR Marketing- 6 readers -
  • Solar Growth in the U.S. Continues To Be Hot: Here’s Why

    …, and 2014 is shaping up to be another record-shattering year. By the dawn of 2015, it’s projected that solar capacity in this country will have reached 18 gigawatts: enough to power 3.6 million homes. During the first two quarters of 2014, the residential and commercial market segments were responsible for almost half of this unprecedented growth…

    Matty Byloos/ RGR Marketingin Facebook Twitter- 2 readers -