The SOS Administrator may supply a portion of Standard Offer Service with the Long-Term Renewable Energy PPA(s) (initially targeted to serve five (5) percent of SOS load with delivery expected to begin on June 1, 2024). The portion of SOS supplied by the Long-Term Renewable Energy PPA(s) will be determined by the Commission and procured by the SOS Administrator.
The SOS Administrator may supply any components for the portion of the SOS load served by the Long-Term Renewable Energy PPA(s) not provided by the PPA(s) by purchasing such components from PJM wholesale markets. Such components may include, but are not limited to:
Pursuant to Commission Order(s), the SOS Administrator will conduct a procurement to acquire electric supply through the Long-Term Renewable Energy PPA(s). The form of the procurement, quantity to be procured, and procurement documents will be reviewed and approved by the Commission prior to issuance by the SOS Administrator.
The SOS Administrator shall present the results of any such procurements to the Commission for approval.
The SOS Administrator will serve as the counter-party to any Long-Term Renewable Energy PPA(s).
In the event of a default by a Renewable Energy Generator in the provision of Long-Term Renewable Energy PPA supply of SOS or in the event that there are any stranded costs associated with any such PPA(s), the SOS Administrator, as the counter-party to the PPA, will in no way be held liable for any costs associated with the default or any such stranded costs. In the event that such a default occurs or if such stranded costs result, all SOS Customer Groups, as defined in Subsection 4102.3 of these rules, will be responsible for the costs associated with any default or stranded costs.
The SOS Administrator will be reimbursed for its costs associated with the procurement and administration of electric supply for SOS through the LongTerm Renewable Energy PPA(s) and receive a margin for the procurement and administration of any such PPA(s) consistent with Commission Order No. 20327, issued April 9, 2020, or as modified by any subsequent Commission Order.
All Tier One Renewable Energy Credits (REC) generated pursuant to Long-Term Renewable Energy PPA supply of SOS shall be retired to meet the annual RPS obligations of all SOS suppliers, both Wholesale Standard Offer Service Providers and Renewable Energy Generators. Wholesale Standard Offer Service Providers or Renewable Energy Generators will be credited for a percentage of these RECs in accordance with the percentage of the year's SOS load that they served. Thus, for example, if a Wholesale Standard Offer Service Provider or Renewable Energy Generator served ten (10) percent of SOS load, this provider of generator would receive ten (10) percent of the RECs.
In the event that a Renewable Energy Generator is providing energy generated by a solar energy system that is located within the District and in a location served by a distribution feeder serving the District pursuant to a Long-Term Renewable Energy PPA(s), the solar RECs produced by that solar energy system shall be distributed in the same manner as Tier One RECs are to be distributed in Subsection 4112.8.
D.C. Mun. Regs. tit. 15, r. 15-4112