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Session Laws, 2007
Volume 803, Page 1110   View pdf image
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Ch. 119
2007 Laws of Maryland
(b) If an electricity supplier fails to comply with the renewable energy
portfolio standard FOR TIER 1 RENEWABLE SOURCES OR TIER 2 RENEWABLE
SOURCES
for the applicable year, the electricity supplier shall pay into the Maryland
Renewable Energy Fund established under § 7-707 of this subtitle: (1) except as provided in paragraph ITEM (2) of this subsection, a
compliance fee of: (i) 2 cents for each kilowatt-hour of shortfall from required
Tier 1 renewable sources other than the shortfall from the required
tier 1 renewable sources that is to be derived from solar energy
: and (ii) the following amounts for each kilowatt-hour
of shortfall from required tier 1 renewable sources that is to be
derived from solar energy:
1. 45 cents in 2008;
2. 40 cents in 2009 and 2010;
3. 35 cents in 2011 and 2012;
4. 30 cents in 2013 and 2014;
25 cents in 2015 and 2016;
6. 20 cents in 2017 and 2018;
7. 15 cents in 2019 and 2020;
10 cents in 2021 and 2022: and
(ii) (iii) 5 cents in 2023 and later: and
1.5 cents for each kilowatt-hour of shortfall from
required Tier 2 renewable sources; or (2) for industrial process load: (i) for each kilowatt-hour of shortfall from required Tier 1 AND
TIER 3
renewable sources, a compliance fee of: 1. 0.8 cents in 2006, 2007, and 2008;
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Session Laws, 2007
Volume 803, Page 1110   View pdf image
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