ORS 469A.180
Electric companies

  • electricity service suppliers

(1)

The Public Utility Commission shall establish an alternative compliance rate for each compliance year for each electric company or electricity service supplier that is subject to a renewable portfolio standard. The rate shall be expressed in dollars per megawatt-hour.

(2)

The commission shall establish an alternative compliance rate based on the cost of qualifying electricity, contracts that the electric company or electricity service supplier has acquired for future delivery of qualifying electricity and the number of unbundled renewable energy certificates that the company or supplier anticipates using in the compliance year to meet the renewable portfolio standard applicable to the company or supplier. The commission shall also consider any determinations made under ORS 469A.170 (Compliance reports) in reviewing the compliance report made by the electric company or electricity service supplier for the previous compliance year. In establishing an alternative compliance rate, the commission shall set the rate to provide adequate incentive for the electric company or electricity service supplier to purchase or generate qualifying electricity in lieu of using alternative compliance payments to meet the renewable portfolio standard applicable to the company or supplier.

(3)

An electric company or electricity service supplier may elect to use, or may be required by the commission to use, alternative compliance payments to comply with the renewable portfolio standard applicable to the company or supplier. Any election by an electric company or electricity service supplier to use alternative compliance payments is subject to review by the commission under ORS 469A.170 (Compliance reports). An electric company or electricity service supplier may not be required to make alternative compliance payments that would result in the company or supplier exceeding the cost limitation established under ORS 469A.100 (Limits on cost of compliance with renewable portfolio standard).

(4)

The commission shall determine for each electric company the extent to which alternative compliance payments may be recovered in the rates of the company. Each electric company shall deposit any amounts recovered in the rates of the company for alternative compliance payments in a holding account established by the company. Amounts in the holding account shall accrue interest at the rate of return authorized by the commission for the electric company.

(5)

Amounts in holding accounts established under subsection (4) of this section may be expended by an electric company only for costs of acquiring new generating capacity from renewable energy sources, investments in efficiency upgrades to electricity generating facilities owned by the company and energy conservation programs within the company’s service area. The commission must approve expenditures by an electric company from a holding account established under subsection (4) of this section. Amounts that are collected from customers and spent by an electric company under this subsection may not be included in the company’s rate base.

(6)

The commission shall require electricity service suppliers to establish holding accounts and make payments to those accounts on a substantially similar basis as provided for electric companies. The commission must approve expenditures by an electricity service supplier from a holding account established under this subsection. The commission may approve expenditures only for energy conservation programs for customers of the electricity service supplier. [2007 c.301 §20]

Source: Section 469A.180 — Electric companies; electricity service suppliers, https://www.­oregonlegislature.­gov/bills_laws/ors/ors469A.­html.

469A.005
Definitions for ORS 469A.005 to 469A.210
469A.010
Qualifying electricity
469A.020
Qualifying electricity
469A.025
Renewable energy sources
469A.027
Certification of eligibility for certain generating facilities
469A.029
Eligibility
469A.031
Eligibility
469A.050
Applicable standard
469A.052
Large utility renewable portfolio standard
469A.055
Small electric utilities
469A.060
Exemptions from compliance with renewable portfolio standard
469A.065
Renewable portfolio standard for electricity service suppliers
469A.070
Manner of complying with renewable portfolio standards
469A.075
Implementation plan for electric companies
469A.100
Limits on cost of compliance with renewable portfolio standard
469A.120
Cost recovery by electric companies
469A.130
Renewable energy certificates system
469A.132
Thermal renewable energy certificates
469A.135
Renewable energy certificates that may be used to comply with standards
469A.140
Use, transfer and banking of certificates
469A.145
Limitations on use of unbundled certificates to meet renewable portfolio standard
469A.147
Exemption from limitation on use of unbundled certificates for consumer-owned utilities
469A.150
Multistate electric companies
469A.170
Compliance reports
469A.180
Electric companies
469A.185
Consumer-owned utilities
469A.200
Penalty
469A.205
Green power rate
469A.210
Goal for community-based renewable energy projects
469A.300
Hydrogen power stations
469A.400
Definitions for ORS 469A.400 to 469A.475
469A.405
Policy
469A.410
Clean energy targets
469A.415
Electric companies to develop clean energy plans
469A.420
Emissions verification
469A.425
Community advisory group
469A.430
Treatment of generation resources
469A.435
Determining compliance with clean energy targets
469A.440
Temporary exemption
469A.445
Cost cap for electric companies
469A.450
Cost cap for electricity service suppliers
469A.455
Performance incentive for early compliance
469A.460
No modification to renewable portfolio standards
469A.465
Rules
469A.475
Legislative findings
469A.480
Electric company serving 25,000 or fewer consumers not subject to requirements
Green check means up to date. Up to date