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HOUSE DOCKET, NO. 2838         FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2915

 

The Commonwealth of Massachusetts

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PRESENTED BY:

Thomas J. Calter

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act to support solar energy investments by homeowners and businesses..

_______________

PETITION OF:

 

Name:

District/Address:

Thomas J. Calter

12th Plymouth

Josh S. Cutler

6th Plymouth

Marcos A. Devers

16th Essex

Stephen L. DiNatale

3rd Worcester


HOUSE DOCKET, NO. 2838        FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2915

By Mr. Calter of Kingston, a petition (accompanied by bill, House, No. 2915) of Thomas J. Calter and others relative to renewable energy portfolio standard requirements.  Telecommunications, Utilities and Energy. 


The Commonwealth of Massachusetts
 

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In the Year Two Thousand Thirteen

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An Act to support solar energy investments by homeowners and businesses..
 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              SECTION 1.  Section 11F of Chapter 25A of the general laws is hereby amended by adding the following subsection:-

              (j) The department of public utilities shall continue to allow each distribution company, as defined in section 1 of chapter 164 of the General Laws, to recover through default service rates the costs of compliance with the renewable energy portfolio standard requirements under this section, including, without limitation, the cost incurred for purchase of solar renewable energy certificates (SRECs) in any clearinghouse auction established by the department of energy resources for the sale of SRECs deposited in such auction.  In the event that there are unsold SRECs remaining at the final stage of such an auction held in a given year, each distribution company shall be required to purchase a percentage share of the remaining deposited SRECs equal to its percentage share of the prior year’s renewable energy portfolio standard compliance obligation of all of the distribution companies.  The price per SREC applicable to such remainder purchase shall be the same as the fixed price applicable to SRECs offered in the auction, provided that, if announced by January 15 of such year, the department of energy resources may in its discretion establish a remainder purchase price at a discounted amount no less than ninety percent of such fixed price.

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