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Ch. 120 2007 Laws of Maryland
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(4) If the Commission allows a delay under paragraph
(1) of this subsection:
(I) the renewable energy portfolio standard for
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 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
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 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.
(c) Any cost recovery under this section:
(1) for all electricity suppliers, may be in the form of a generation
surcharge payable by all current electricity supply customers, except as otherwise
provided in [5 7-704(f)] § 7-704(E) of this subtitle;
7-707.
(f) (i) (i) [The] Subject to subparagraph (II) of this
paragraph, the Fund may be used only to make loans and grants to support the
creation of new Tier 1 renewable energy sources in the State.
(II) Compliance fees paid under § 7-705(B)(1)(II) of
this subtitle shall be accounted for separately within the fund and
may be used only to make loans and grants to support the creation
of new solar energy sources in the state.
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- 1138-
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