§ 39-26.6-6. Permanence of tariff terms once set.
It is the intention of the general assembly in enacting this chapter that the developers, owners, investors, customers, and lenders of the distributed-generation projects receiving performance-based incentives under the tariffs be able to rely on the tariffs for the entire term of the applicable tariff for purposes of obtaining financing. Consistent with that intention and expectation, the terms under the tariffs for a given program year, once approved by the commission, shall not be altered in any way that would undermine such reliance on those tariffs during the applicable terms of the tariffs; and in no circumstance will the performance-based incentive rate paid to a renewable energy project developer or owner be reduced during the term of the tariff once a renewable energy project has qualified to receive a tariff under the terms of this chapter.
History of Section.P.L. 2014, ch. 200, § 1; P.L. 2014, ch. 216, § 1.
Structure Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-26.6 - The Renewable Energy Growth Program
Section 39-26.6-2. - Renewable energy growth program established.
Section 39-26.6-3. - Definitions.
Section 39-26.6-4. - Continuation of board.
Section 39-26.6-5. - Tariffs proposed and approved.
Section 39-26.6-6. - Permanence of tariff terms once set.
Section 39-26.6-7. - Solar project size categories.
Section 39-26.6-8. - Renewable technologies other than solar.
Section 39-26.6-9. - Project segmentation prohibition.
Section 39-26.6-10. - Timing and schedule of tariff filings.
Section 39-26.6-11. - Power purchase agreements not required.
Section 39-26.6-12. - Annual bidding and enrollments.
Section 39-26.6-13. - Cost reconciliation.
Section 39-26.6-14. - Existing powers of agencies and advocacy rights of parties unchanged.
Section 39-26.6-15. - Bidding and incentive award processes for solar DG projects.
Section 39-26.6-16. - Enrollment program.
Section 39-26.6-17. - Excess enrollment not required.
Section 39-26.6-18. - Utility right to separately meter.
Section 39-26.6-19. - Coordination with energy-efficiency programs.
Section 39-26.6-20. - Issuance of certificates and right to incentive payments.
Section 39-26.6-21. - Ownership of output, other attributes, and renewable energy certificates.
Section 39-26.6-22. - Zonal and other incentive payments.
Section 39-26.6-23. - Intersection of distributed generation and net metering.
Section 39-26.6-24. - Rate design review by the commission.
Section 39-26.6-25. - Forecasted rate and reconciliation.
Section 39-26.6-26. - Shared solar facilities.
Section 39-26.6-27. - Community remote distributed generation system.