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Utah regulators hear debate over Rocky Mountain Power’s Community Clean Energy Program valuation, REC treatment and customer notices
Summary
At a Utah Public Service Commission hearing on docket 25-035-06, witnesses debated how to value program resources (Schedule 38 vs. PVRRD), whether and how to monetize or retire renewable energy certificates (RECs), reserve fund sizing, notice and opt‑out mechanics, and the risk that delays could threaten developers’ production tax credit eligibility.
The Utah Public Service Commission on Dec. 18 heard testimony and cross‑examination over Rocky Mountain Power’s Community Clean Energy Program (docket 25‑035‑06), a voluntary opt‑out program created under the Community Clean Energy Act of 2019. Witnesses for intervenors, the Division of Public Utilities and the Office of Consumer Services set out competing recommendations over how to value program resources, handle renewable energy credits, size reserve funds, and notify customers before enrollment.
Carl G. Boothman of Western Resource Advocates urged the commission to adopt a system‑level present value revenue requirement differential (PVRRD) approach rather than a bifurcated East/West avoided‑cost method. Boothman said PVRRD is less sensitive to proxy‑resource timing and would reduce the steep avoided‑cost volatility now observed in Rocky Mountain Power’s IRP filings. He also warned against charging program participants for a hypothetical monetized REC value, arguing, "no value is…
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