Current through 2024-51, December 18, 2024
Section 407-312-8 - RENEWABLE ENERGY CREDITSA.Standard disclosure. The Commission shall adopt by order standard disclosure forms to be distributed by a project sponsor to all subscribers and potential subscribers that provides a description of the effect of selling the renewable attributes and an explanation of how a subscriber may participate in the voluntary renewable energy credit market. The Commission may approve modifications to the standard disclosure forms. The Commission delegates to the Director of Electric and Gas Industries the authority to adopt standard renewable energy credits disclosure forms and modifications to the standard REC disclosure forms.B.Purchase of renewable energy credits. The Commission shall establish a mechanism to allow a subscriber with a share of less than 25 kilowatts to purchase renewable energy credits up to the amount of and of a substantially equivalent type to that which the subscriber has sold to the standard buyer at a price equal to 80% of market value.65- 407 C.M.R. ch. 312, § 8