65-407-311 Me. Code R. § 4

Current through 2024-51, December 18, 2024
Section 407-311-4 - ELIGIBLE RESOURCE REQUIREMENT; CLASS II
A.Requirement. Each competitive electricity provider, including standard offer providers, must account for no less than 30% of its total kilowatt-hour sales to customers in Maine with electric energy associated with eligible resources in accordance with the provisions of this Chapter.
B.Multiplier. For the purposes of meeting the Class II requirement under this Section, during the period beginning on January 1, 2020 and ending on December 31, 2026, a 300% multiplier is applied to the output of a generator fueled by municipal solid waste in conjunction with recycling that has obtained a solid waste facility license from the Maine Department of Environmental Protection.
C.Alternative Compliance Mechanism. The Class II requirements of this section may be satisfied by an alternative compliance payment according to this subsection. The payment for an applicable year shall be made to the Commission by July 1 of the following year.
1.Payment Amount. The amount of the alternative compliance payment shall equal the alternative compliance payment rate multiplied by the number of deficient kilowatt-hours. For purposes of this subsection, deficient kilowatt-hours are the number of kilowatt-hours required to be served by Class II resources minus the number of kilowatt-hours that are actually served by Class II resources.
2.Payment Rate. Unless otherwise changed by Commission Order, the alternative compliance base rate shall be $5.00 per megawatt-hour.
3.Use of Funds. The Commission shall use all funds collected pursuant to this subsection to provide financial assistance for low-income households in accordance with 35-A M.R.S. § 3214(2).

65-407 C.M.R. ch. 311, § 4