§ 39-26.1-1. Purpose.
The purpose of this chapter is to encourage and facilitate the creation of commercially reasonable long-term contracts between electric distribution companies and developers or sponsors of newly developed renewable energy resources with the goals of stabilizing long-term energy prices, enhancing environmental quality, creating jobs in Rhode Island in the renewable energy sector, and facilitating the financing of renewable energy generation within the jurisdictional boundaries of the state or adjacent state or federal waters or providing direct economic benefit to the state.
History of Section.P.L. 2009, ch. 51, § 1; P.L. 2009, ch. 53, § 1.
Structure Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-26.1 - Long-Term Contracting Standard for Renewable Energy
Section 39-26.1-2. - Definitions.
Section 39-26.1-3. - Long-term contract standard.
Section 39-26.1-4. - Financial remuneration and incentives.
Section 39-26.1-5. - Commission approvals and regulations.
Section 39-26.1-6. - Interaction with other laws.
Section 39-26.1-7. - Town of New Shoreham project.
Section 39-26.1-8. - Utility-scale offshore wind project — Separate proceedings.