810 R.I. Code R. 810-RICR-00-00-3.12

Current through December 3, 2024
Section 810-RICR-00-00-3.12 - Final Order On Application
A. The Commission shall determine through issuance of a final order within eight (8) months from the filing of the Application, whether the proposal is in the best interests of the electric distribution customers in Rhode Island.
B. The Commission may require changes to the Applicant's proposal as a condition to a Long-Term Contract as the Commission determines are just and reasonable.
C If the Commission determines that the proposal is in the best interests of the electric distribution customers in Rhode Island, the Commission shall require the Electric Distribution Company to negotiate a commercially reasonable Long-Term Contract with the Applicant wherein the Electric Distribution Company agrees to purchase the entire output from the proposed project, unless otherwise authorized by the Commission.
D. In determining whether the proposal is in the best interests of electric distribution customers, the Commission will consider the following factors:
1. The economic impact and potential risks of the proposal on rates to be charged by the Electric Distribution Company;
2. The potential benefits of stabilizing long-term energy prices;
3. Any other factor the Commission determines necessary to be in the best interest of the ratepayers.
E. To the extent the Application cites significant economic benefits to Rhode Island that require commitments from the Applicant outside of the Long-Term Contract to achieve such benefits, and those economic benefits are ultimately relied upon by the Commission in authorizing a Long-Term Contract to be negotiated, the Commission may require that appropriate legally binding commitments be made by the Applicant as a condition to a Long-Term Contract, unless the Commission finds that such commitments are not necessary.

810 R.I. Code R. 810-RICR-00-00-3.12