Amendment #43 to H4377

Ensuring Uniform Regulatory Requirements for Hydro & Wind

Representatives Jones of North Reading, Hill of Ipswich, Poirier of North Attleborough, Frost of Auburn and Smola of Warren move to amend the bill in section 1, line 81, by striking clauses (i) through (vii), inclusive, and inserting in place thereof the following clauses: -

“(i) provide enhanced electricity reliability within the commonwealth; (ii) contribute to reducing electricity price spikes; (iii) be cost effective to Massachusetts electric ratepayers over the term of the contract; (iv) avoid line loss and mitigate transmission costs to the extent possible; (v) allow the long-term contract price to be indexed to the wholesale market prices, as determined by the department of public utilities; (vi) guarantee energy delivery in winter months; (vii) adequately demonstrate project viability in a commercially reasonable timeframe; (viii) provide reliability, price, economic and environmental benefits to Massachusetts ratepayers, to the extent that they are quantifiable, that outweigh any costs to Massachusetts ratepayers; and (ix) where feasible, create additional employment and economic development in the commonwealth.” ;

and further in said section 1, in line 211 by striking clauses (i) through (x), inclusive, and inserting in place thereof the following clauses: -

““(i) provide enhanced electricity reliability within the commonwealth; (ii) contribute to reducing electricity price spikes; (iii) be cost effective to Massachusetts electric ratepayers over the term of the contract or delivery commitment agreement; (iv) avoid line loss and mitigate transmission costs to the extent possible; (v) allow the long-term contract price to be indexed to the wholesale market prices, as determined by the department of public utilities; (vi) guarantee energy delivery in winter months; (vii) adequately demonstrate project viability in a commercially reasonable timeframe; (viii) provide reliability, price, economic and environmental benefits to Massachusetts ratepayers, to the extent that they are quantifiable, that outweigh any costs to Massachusetts ratepayers; and (ix) where feasible, create additional employment and economic development in the commonwealth.”.