Section 758.552 - Ownership of renewable energy certificates for energy generated by qualifying facility(1) For contracts executed pursuant to the Public Utility Regulatory Policies Act of 1978 ( 16 U.S.C. 2601 et seq.) and in effect prior to November 30, 2005, renewable energy certificates created pursuant to a system established by the State Department of Energy under ORS 469A.130, for generation during the term of such a contract, are owned by the owner of a qualifying facility, unless the owner has transferred a certificate in a contract between the owner and another person.(2) Subsection (1) of this section applies to qualifying facilities that: (a) Are located in this state;(b) Are certified as qualifying small power production facilities or qualifying cogeneration facilities under the Federal Power Act ( 16 U.S.C. 796 ) as in effect on June 7, 2011; and(c) Produce electricity that is priced under ORS 758.525.