Renewable portfolio standard

I mean, utility costs, not just this situation the caller talked about, are going crazy.

I mean, you look at all the stuff that has been spawned off the Global Warming Solution Act, especially the you know, the renewable energy standard.

I mean, that's causing utility rates to go crazy just as we sit here.

All right, Anthony's going to take us to break, but just get your calls ready because these are big Senate seats.

That doesn't make any sense at all, giving people the right to sue you when you don't make your mandates, in which we're not making our mandates.

That's kind of ridiculous.

And the things that it spawned, it spawned the Renewable Energy Standard, the Clean heat standard, those sort of things.

You know, Vermonters love Vermont.

You have to hook up to municipal and you have to have a wastewater treatment plan.

So there's, there's still a lot we added on water, but bring your own generation, certain percentage of it has to be clean, um, in alignment with the renewable portfolio standard.

And, um, and then of course we have the new rate class for, for data centers as well.

There was some other stuff, but there's the big sort of big three.

they also had to buy renewable energy to satisfy those needs in other states.

And so it's all one market.

All the states that have this program, this RPS, Renewable Portfolio Standard, it's all the same market in our region, which is separate from PJM.

This is crazy.

Good point.

They also, in many states, were not required to participate in the renewable portfolio standards, the RPS standards.

They were exempt in some of the states.

So that, too, was a real driver at one point in time, especially for renewables.

Importantly, Alabama does not have an exposure to wholesale price volatility, as they are not part of any ISO while Virginia is part of the PJM.

Alabama also does not have any mandated policies or mechanisms in place for the growth of renewable energy, such as the Renewable Portfolio Standards and the Virginia Clean Economy Act.

These critical differences, along with a few others, positions Alabama well as a comparator state.

Let us now look at the Virginia model.