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Ch. 120
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Martin O'Malley, Governor
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(II) The minimum required term under
subparagraph (i) of this paragraph does not affect the ability of
the parties to negotiate a price for a solar renewable energy
credit that varies over time in any manner.
(2) (I) An electricity supplier that purchases solar
renewable energy credits from on on-site generator using a solar
generating system with a capacity not exceeding 10 kilowatts shall
purchase the credits with a single initial payment representing the
full estimated production of the system for the life of the
contract.
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production from the type of system described in subparagraph (i) of
consistent with the duration of the contract; and
2. determine the rate for a payment made to
an on-site generator under subparagraph (i) of this paragraph.
[(d)] (C) (1) This subsection applies only to a generating facility that is
placed in service on or after January 1, 2004.
(2) On or before December 31, 2005, an electricity supplier shall
receive 120% credit toward meeting the renewable energy portfolio standard for energy
derived from wind.
(ii) After December 31, 2005. and on or before December 31,
2008. an electricity supplier shall receive 110% credit toward meeting the renewable
energy portfolio standard for energy derived from wind.
(3) On or before December 31, 2008, an electricity supplier shall receive
110% credit toward meeting the renewable energy portfolio standard for energy derived
from methane under $ 7-701(l)(4) of this subtitle.
[(e)] (D) An electricity supplier shall receive credit toward meeting the
renewable energy portfolio standard for electricity derived from the biomass fraction of
biomass co-fired with other fuels.
[(f)] (E) (1) In this subsection, " customer" means:
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- 1133 -
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