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Martin O'Malley, Governor
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Ch. 119
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(I) The renewable energy portfolio standard for
Tier 3 solar energy applicable to the electricity supplier under
the delay continues for each subsequent consecutive year that the
actual or projected dollar-for-dollar costs incurred. or to be
incurred. by the electricity supplier solely for the purchase of
Tier 3 solar renewable energy credits is greater than or equal to.
or is anticipated to be greater than or equal to. 1% of the
electricity supplier's total annual retail electricity sales
revenues in maryland: and
(ii) the renewable energy portfolio standard for
tier 3 solar energy applicable to the electricity supplier under
the delay is increased to the next scheduled percentage increase
under § 7-703(b) of this subtitle for each year in which the actual or
projected dollar-for-dollar costs incurred. or to be incurred. by
the electricity supplier solely for the purchase of tier 3 solar
renewable energy credits is less than, or is anticipated to be less
than, 1% of the electricity supplier's total annual retail
electricity sales revenues in maryland.
7-706.
(a) (1) Except as provided in paragraph (2) of this subsection, in
accordance with the obligation to provide standard offer service through the bid
process created under § 7-510 of this title, the Commission shall allow an electricity
supplier to recover actual dollar for dollar costs incurred, including a compliance fee
under § 7-705 of this subtitle, in complying with a State mandated renewable energy
portfolio standard.
(2) In accordance with the Phase II Settlement Agreement approved
by the Commission in Order No. 78710 in Case No. 8908 on September 30, 2003, for
any full-service agreement executed before the renewable energy standard under this
subtitle applies to an electric company, the electric company and its wholesale
electricity suppliers may pass through their commercially reasonable additional costs,
if any, associated with complying with the standard, through the end of the year of
standard offer service in which the requirement took effect.
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(b) An electricity supplier may recover a compliance fee if:
(1) the payment of a compliance fee is the least cost measure to
customers as compared to the purchase of Tier 1 renewable sources to comply with a
renewable energy portfolio standard;
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- 1113-
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