The purpose of these rules is to establish a process to implement the RES for qualifying retail utilities in Colorado, pursuant to §§ 40-2-124 and 40-2-127, C.R.S.
Energy is critically important to Colorado's welfare and development, and its use has a profound impact on the economy and environment. Growth of the state's population and economic base will continue to create a need for new energy resources, and Colorado's renewable energy resources are currently underutilized.
Therefore, in order to save consumers and businesses money, attract new businesses and jobs, promote development of rural economies, minimize water use for electricity generation, diversify Colorado's energy resources, reduce the impact of volatile fuel prices, and improve the natural environment of the state, it is in the best interests of the citizens of Colorado to develop and utilize renewable energy resources to the maximum practicable extent.
It is the policy of this State to encourage local ownership of renewable energy generation facilities to improve the financial stability of rural communities.
4 CCR 723-3-3651