Rhode Island General Laws 39-26.6-2. Renewable energy growth program established
To carry out these purposes, a tariff-based, renewable energy distributed-generation financing program, hereinafter referred to as the renewable energy growth program, is hereby established with the intention of continuing the development of renewable energy distributed generation in the load zone of the electric distribution company at reasonable cost. The program shall be designed to finance the development, construction, and operation of renewable energy distributed-generation projects over five (5) years through a performance-based incentive system that is designed to achieve specified megawatt targets at reasonable cost through competitive processes. The renewable energy growth program shall be implemented by the electric distribution company, and guided by the distributed-generation board, in consultation with the office of energy resources, subject to the review and supervision of the commission.
History of Section.
P.L. 2014, ch. 200, § 1; P.L. 2014, ch. 216, § 1.
Terms Used In Rhode Island General Laws 39-26.6-2
- Board: shall mean the distributed-generation board as established pursuant to the provisions of Rhode Island General Laws 39-26.6-3
- Commission: means the Rhode Island public utilities commission. See Rhode Island General Laws 39-26.6-3
- Company: means and includes a person, firm, partnership, corporation, quasi-municipal corporation, association, joint-stock association or company, and his, her, its, or their lessees, trustees, or receivers appointed by any court. See Rhode Island General Laws 39-1-2
- Electric distribution company: means a company defined in § 39-1-2(a)(12), supplying standard-offer service, last-resort service, or any successor service to end-use customers, but not including the Block Island Power Company or the Pascoag Utility District. See Rhode Island General Laws 39-26.6-3
- Office: means the Rhode Island office of energy resources. See Rhode Island General Laws 39-26.6-3