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In 2008, Guam's legislature enacted a renewable energy portfolio standard (RPS) goal for renewable sources to generate 8% of the island's electricity sales by the end of 2020. The renewable goal would increase to 10% of electricity sales by 2025 and to 25% by 2035.
Renewable Portfolio Standards (RPS) require that a specified percentage of the electricity utilities sell comes from renewable resources. States have created these standards to diversify their energy resources, promote domestic energy production and encourage economic development.
It increased in February 2021 from 17.3 cents per kilowatt-hour to 19.7 cents per kWh. Now, the CCU approved GPAs push for an increase from the current 19.7 cents p/kWh to 25.4 cents p/kWh. If approved by the Public Utilities Commission (PUC) the increase will be effective in July 2021.
Pursuant to Hawai'i Revised Statutes § 269-92, the Renewable Portfolio Standard (?RPS?) requirement, as a percentage of net electricity sales, for year 2020 is 30%, 2030 is 40%, 2040 is 70%, and 2045 is 100%. Hawaiian Electric achieved a consolidated RPS of 38.4% in 2021.
The Clean Energy Master Plan is a living document and is continuously being updated. GPA is committed to providing 50% of the island's electric power from renewable or non greenhouse gas emissions sources by 2030 and 100% by 2040.