(a)  In order to facilitate the adoption of participation in renewable energy projects by eligible customers, the board may allocate a portion of the annual MW goal to a separate class, or classes, of community remote distributed-generation systems, which may compete under separate ceiling prices from non-community remote distributed-generation systems, for program years starting on or after April 1, 2016.

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Terms Used In Rhode Island General Laws 39-26.6-27

  • Board: shall mean the distributed-generation board as established pursuant to the provisions of Rhode Island General Laws 39-26.6-3
  • Ceiling price: means the bidding price cap(s) applicable to each annual enrollment for a given distributed-generation class, that shall be approved for each renewable energy class pursuant to the procedure established in this chapter. See 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
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Office: means the Rhode Island office of energy resources. See Rhode Island General Laws 39-26.6-3

(b)  Upon such allocation by the board, the electric distribution company shall establish rules and tariffs for program years starting on or after April 1, 2016, which rules and tariffs will set forth the requirements for eligible recipients, credit transfers, consumer protection, and other considerations and terms, with input from the office, for the commission‘s review and approval.

(c)  The value of credits to be allocated to credit recipients may be a fixed rate provided by the system owner, but shall not be greater than the sum of the standard-offer service, less the renewable energy standard charge or credit, and the transmission and transition rates, of the credit recipient as offered by the electric distribution company in effect at the time of establishing the transfer. If a fixed credit rate is not provided, the default credit will be the sum of the standard-offer service, less the renewable energy standard charge or credit, and the transmission and transition rates, of the credit recipient as offered by the electric distribution company in effect at the time of the transfer.

(d)  Any credits not allocated in any month will be valued at the then-current default credit rate, and deducted from the total performance-based incentive of the enrolled system.

(e)  Community remote distributed-generation systems shall not:

(1)  Comprise more than thirty percent (30%) of the annual total of capacity available under the renewable energy growth program in each year;

(2)  Be subject to a ceiling price that is more than fifteen percent (15%) higher than the then-in-effect ceiling price for the same technology of the same size as recommended by the board and approved by the commission; or

(3)  Transfer credits to any account in an amount that in KWh exceeds the prior three-year (3) annual average usage.

History of Section.
P.L. 2016, ch. 149, § 5; P.L. 2016, ch. 163, § 5.