Maine Revised Statutes Title 35-A Sec. 3605 – Renewable energy credit multiplier
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Terms Used In Maine Revised Statutes Title 35-A Sec. 3605
- Program participant: means a community-based renewable energy project that is participating in the community-based renewable energy pilot program established in section 3603. See Maine Revised Statutes Title 35-A Sec. 3602
The renewable energy credit multiplier is governed by this section. The value of a renewable energy credit for electricity generated by a program participant that elects the renewable energy credit multiplier under section 3603, subsection 4, paragraph B is 150% of the amount of the electricity. When a program participant elects the renewable energy credit multiplier, the multiplier must be accounted for when renewable energy credits are used to satisfy the portfolio requirements of section 3210, subsections 3 and 3?A. [PL 2009, c. 329, Pt. A, §4 (NEW).]
SECTION HISTORY
PL 2009, c. 329, Pt. A, §4 (NEW).