Current through Register 1538, January 3, 2025
Section 21.07 - Remuneration to Distribution Companies(1) A Distribution Company may receive an annual remuneration equal to 2.75% of the annual payments under a Long-term Contract.(2) The purpose of such remuneration shall be to compensate the Distribution Company for accepting the financial obligation of the Long-term Contract.(3) To the extent that significant transmission costs are included in a bid, the Department will authorize the contracting parties to seek recovery of such transmission costs through federal transmission rates, consistent with policies and tariffs of the Federal Energy Regulatory Commission, to the extent the Department finds that such recovery is in the public interest.(4)220 CMR 21.07 shall be acted upon by the Department at the time of contract approval.