(1) Each electric utility and electricity service supplier that is subject to a renewable portfolio standard shall make an annual compliance report for the purpose of detailing compliance, or failure to comply, with the renewable portfolio standard applicable in the compliance year. An electric company or electricity service supplier shall make the report to the Public Utility Commission. A consumer-owned utility shall make the report to the members or customers of the utility.
(2) The commission shall review each compliance report filed under this section by an electric company or electricity service supplier for the purposes of determining whether the company or supplier has complied with the renewable portfolio standard applicable to the company or supplier and the manner in which the company or supplier has complied. In reviewing the reports, the commission shall consider:
(a) The relative amounts of renewable energy certificates and other payments used by the company or supplier to meet the applicable renewable portfolio standard, including:
(A) Bundled renewable energy certificates;
(B) Unbundled renewable energy certificates;
(C) Banked renewable energy certificates; and
(D) Alternative compliance payments under ORS 469A.180.
(b) The timing of electricity purchases.
(c) The market prices for electricity purchases and unbundled renewable energy certificates.
(d) Whether the actions taken by the company or supplier are contributing to long term development of generating capacity using renewable energy sources.
(e) The effect of the actions taken by the company or supplier on the rates payable by retail electricity consumers.
(f) Good faith forecasting differences associated with the projected number of retail electricity consumers served and the availability of electricity from renewable energy sources.
(g) For electric companies, consistency with the implementation plan filed under ORS 469A.075, as acknowledged by the commission.
(h) Any other factors deemed reasonable by the commission.
(3) The commission by rule may establish requirements for compliance reports submitted by an electric company or electricity service supplier. [2007 c.301 §19]
Section: Previous 469A.070 469A.075 469A.100 469A.120 469A.130 469A.135 469A.140 469A.145 469A.150 469A.170 469A.180 469A.185 469A.200 469A.205 469A.210 NextLast modified: August 7, 2008