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2007 Laws of Maryland
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Ch. 120
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(i) an industrial electric customer that is not on standard offer
service: or
(ii) a renewable on-site generator.
(2) (i) A customer may independently acquire renewable energy
credits to satisfy the standards applicable to the customer's load, including credits
created by a renewable on-site generator.
(ii) [Except as provided in subparagraph (iii)1 of this paragraph,
the customer shall surrender the credits necessary to meet the standard to its electricity
supplier for inclusion in the electricity supplier's compliance report under § 7-705 of
this subtitle.
(iii) 1.] Credits that a customer [surrenders] TRANSFERS to
its electricity supplier to meet the standard and that the electricity supplier relies on in
submitting its compliance report may not be resold or retransferred by the customer or
by the electricity supplier.
[2. The customer may retain or transfer any credits in
excess of the amount needed to satisfy the standard for the customer's load.
(iv) A customer who surrenders credits under this subsection
retains all rights and title to any environmental or other attributes associated with the
credits, including emission reductions or related allowances.]
(3) A renewable on-site generator [shall receive credit] MAY RETAIN
OR TRANSFER AT ITS SOLE OPTION ANY CREDITS CREATED BY THE RENEWABLE
ON-SITE GENERATOR. INCLUDING CREDITS for the portion of its on-site generation
from a Tier 1 renewable source or a Tier 2 renewable source that displaces the purchase
of electricity by the renewable on-site generator from the grid.
(4) A customer that satisfies the standard applicable to the customer's
load under this subsection mav not be required to contribute to a compliance fee
recovered under § 7-706 of this subtitle.
(5) The Commission shall adopt regulations governing the application
and transfer of credits under this subsection consistent with federal law.
[(g)] (F) (1) In order to create a renewable energy credit, a Tier 1
renewable source or Tier 2 renewable source must substantially comply with all
applicable environmental and administrative requirements, including air quality,
water quality, solid waste, and right-to-know provisions, permit conditions, and
administrative orders.
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- 1134 -
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