- Goal Period I: January 1, 2013 - December 31, 2018, an average of at least 4% of electricity supplied must be from clean energy.
- Goal Period II: January 1, 2019 - December 31, 2024, an average of at least 7% of electricity supplied must be from clean energy.
- Goal Period III: January 1, 2025 - December 31, 2025, an average of at least 10% of electricity supplied must be from clean energy.
Utilities that participate in the program and meet the program goals are eligible for incentives which are used to pay for the compliance projects. A utility may apply to the commission to increase its Return on Equity by as much as 50 basis points over its current rate of return, or request a periodic rate adjustment mechanism. Applications to receive incentives must be filed no later than 6 months after the end of each Goal Period.
Program reports from each utility are due annually on March 1 beginning in 2014. Reports must include a detailed explanation and supporting documentation of any requests for rate adjustments for cost recovery associated with the CPS program.