810 R.I. Code R. 810-RICR-00-00-3.6

Current through December 3, 2024
Section 810-RICR-00-00-3.6 - Application
A. The application shall contain the following information:
1. A complete description of the proposed project.
2. A description of the legal entity that will enter into a Long-Term Contract on behalf of the Applicant.
3. The proposed term of the Long-Term Contract.
4. A list of each permit or license that will be required and the identity of the agency responsible for such permitting or licensing.
5. A time line for permitting, licensing, and construction.
6. The status of application for each permit or license.
7. A copy of all filings made with state and federal regulatory agencies related to the proposed project.
8. Evidence of material progress toward obtaining real property rights (site control).
9. Details regarding a proposed transmission line to the mainland.
10. All interconnection filings made with any entity related to the proposed project.
11. Projected electrical energy production profiles.
12. A proposed initial term sheet for a long-term contract between the Applicant and the Electric Distribution Company, which shall consist of the essential terms that the Applicant expects to be included in a draft Long-Term Contract that would be subject to negotiation with the Electric Distribution Company.
13. Pricing projected under the Long-Term Contract being sought, including prices for all market products that would be sold under the proposed Long-Term Contract, subject to any contract negotiations between the Applicant and the Electric Distribution Company.
14. Economic justification for the proposal, including projection of market prices over the term of the proposed Long-Term Contract.
15. A description of the economic benefits to Rhode Island, including the creation of jobs in Rhode Island.
16. A description of the potential risks of the project to ratepayers in the State of Rhode Island.
17. A description of binding legal commitments relative to the creation of jobs in Rhode Island and any other economic benefits to Rhode Island.
18. The Applicant's business plan for the project including forecasts of all expenses and revenues from the proposed project.
19. The Applicant's plan to finance the proposed project and any material progress made toward financing the plan.
20. Pre-Filed Testimony from an officer of the Applicant's company sponsoring the Application and explaining the specifics of the project, including the economic benefits of the project to ratepayers and the State of Rhode Island, and the potential risks of the project to the ratepayers. If the officer of the Applicant's company is not qualified to discuss specific issues, the Application shall include Pre-Filed Testimony of a witness so qualified.

810 R.I. Code R. 810-RICR-00-00-3.6