Carolina lawmaker wants to nix alternative energy rules
By Chris Bagley, Triangle Business Journal
The chief sponsor of a bill to roll back North Carolina’s alternative-energy quotas is pleding to move forward with it, even after a committee vote halted the measure on Wednesday.
A 2007 state law created what are known as renewable energy portfolio standards, a series of escalating quotas that will eventually require electrical utilities to derive 7.5 percent of their power from wind, solar and other renewable sources, and another 5 percent from improved efficiency.
A bill championed by Rep. Mike Hager (R-Rutherford), who chairs the Public Utilities and Energy Committee and is a member of the Republican leadership, would drop the quotas after 2021. An earlier version of the bill would’ve ended the quotas in 2018, but it was amended after energy developers protested that the five-year time frame would destroy years of planning and investment.
For more on Hager's efforts, visit the Triangle Business Journal.
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