Maine Statutes

§ 35-A §3481 — Definitions

Maine·Title 35-A PUBLIC UTILITIES·Part 3 ELECTRIC POWER·Ch. 34-C DISTRIBUTED GENERATION

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.Bid rate. "Bid rate" means the rate proposed under a qualified bid for the output of a distributed generation resource in response to a competitive procurement solicitation.
2.Clearing price. "Clearing price" means the highest bid rate accepted by the commission for a procurement under this chapter.
3.Commercial or institutional customer. "Commercial or institutional customer" means a nonresidential customer of an investor‑owned transmission and distribution utility in the State.
4.Credit rate. "Credit rate" means the per‑kilowatt‑hour rate used to calculate the monetary value of a distributed generation resource. The credit rate is equal to the per‑kilowatt‑hour rate in

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Legislative History

PL 2019, c. 478, Pt. B, §1 (NEW).

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