Sec. 3. As used in this chapter, “clean energy credit”, or “CEC”, means an interest that:

(1) represents one (1) megawatt hour of clean energy that satisfies the condition set forth in section 12(c)(2) of this chapter;

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Terms Used In Indiana Code 8-1-37-3

(2) is quantifiable and transferrable; and

(3) is possessed by not more than one (1) entity at a time.

As added by P.L.150-2011, SEC.16.