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Session Laws, 2007
Volume 803, Page 1111   View pdf image
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Martin O'Malley, Governor Ch. 119
2. 0.5 cents in 2009 and 2010; 3. 0.4 cents in 2011 and 2012; 4. 0.3 cents in 2013 and 2014; 5. 0.25 cents in 2015 and 2016; and 6. 0.2 cents in 2017 and later; and (ii) nothing for any shortfall from required Tier 2 renewable sources. (C) If an electric company If an electricity supplier fails to comply with the renewable energy portfolio standard for tier 3
renewable sources for the applicable year) the electric company
electricity supplier shall pay into the maryland renewable energy
fund established under § 7-707 of this subtitle:
(1) except as provided in item (2) of this subsection, for
each kilowatt hour of shortfall from required tier 3 renewable
sources a compliance fee of:
(1) (I) 45 cents in 2007 and 2008; (2) (II) 40 CENTS IN 2009 AND 2010; (3)  (III) 35 cents in 2011 and 2012; (4) (IV) 30 cents in 2013 and 2014; (5) (V) 25 cents in 2015 and 2106; and (6) (VI) 20 cents in 2017 and later and 2018; (VII) 15 cents in 2019 and 2020; (VIII) 10 cents in 2021 and 2022; and (IX) 5 cents in 2023 and later: and (2) for industrial process load, a compliance fee as
provided in subsection (b)(2)(1) of this section
.
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Session Laws, 2007
Volume 803, Page 1111   View pdf image
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