State utility regulators say they will reconsider an order allowing Idaho Power Co., to hold on to its renewable energy credits.
The Idaho Public Utilities Commission announced the decision Monday after some of the utility’s biggest industrial customers filed objections. Those customers say Idaho Power should sell the so-called green tags and use the proceeds to benefit customers.
The commission ruled in January that Idaho Power could hold on to the credits, valued late last year at $1.9 million.
Idaho Power is awarded the credits annually for the renewable power generated at its geothermal power plant in southern Idaho and its wind farm in eastern Oregon.
The utility sought to hold on to the credits to help offset future state or federal mandates requiring utilities to expand renewable energy portfolios.
The Associated Press – http://www.theolympian.com/northwest/story/789331.html