Maine § 35-A §3624 Long-term contracts for combined heat and power

Maine Statutes

§ 35-A §3624 — Long-term contracts for combined heat and power

Maine·Title 35-A PUBLIC UTILITIES·Part 3 ELECTRIC POWER·Ch. 36-A WOOD-FIRED COMBINED HEAT AND POWER ACT

1.Investor-owned transmission and distribution utilities; required participation. Notwithstanding section 3204, the commission may direct an investor-owned transmission and distribution utility to enter into long-term contracts for energy with one or more program participants if the program participant is:

2.Consumer-owned transmission and distribution utilities; voluntary participation. A consumer-owned transmission and distribution utility may, at the option of the utility, enter into long-term contracts with one or more program participants located within the service territory of the utility for energy. Consumer-owned transmission and distribution utilities may enter into contracts under this subsection only as agents for their customers and only in accordance with this section.

3.Sa

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1.
Investor-owned transmission and distribution utilities; required participation.
Notwithstanding section 3204, the commission may direct an investor-owned transmission and distribution utility to enter into long-term contracts for energy with one or more program participants if the program participant is:
2.
Consumer-owned transmission and distribution utilities; voluntary participation.
A consumer-owned transmission and distribution utility may, at the option of the utility, enter into long-term contracts with one or more program participants located within the service territory of the utility for energy. Consumer-owned transmission and distribution utilities may enter into contracts under this subsection only as agents for their customers and only in accordance with this section.
3.
Sale of energy; contract procedures.
Energy contracted through long-term contracts pursuant to this section may be sold into the wholesale electricity market separately or in conjunction with solicitations for standard-offer supply bids under section 3212 or solicitations for green power offer bids under section 3212‑B. To the greatest extent possible, the commission shall develop procedures for long-term contracts for transmission and distribution utilities under this section having the same legal and financial effect as the procedures used for standard-offer service pursuant to section 3212 for transmission and distribution utilities.
4.
Contract term.
A contract entered into pursuant to this section may not be for more than 20 years.
5.
Contract pricing; cost containment.
The commission shall solicit contract bids under the program. In selecting contracts, the commission shall weigh the characteristics of a proposed combined heat and power project as follows:
6.
Cost and benefit allocation.
The commission shall ensure that all costs and benefits associated with contracts involving investor-owned transmission and distribution utilities entered into under this section are allocated to electricity consumers in accordance with section 3210‑F.
7.
Contract payments.
Contracts for energy entered into pursuant to this section must provide that payments will be made only after contracted amounts of energy have been provided.
8.
Ratepayer protection.
The commission shall ensure that mechanisms are established to provide protections for ratepayers over the term of contracts entered into pursuant to this section.

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