Common use of Renewable Portfolio Standards Clause in Contracts

Renewable Portfolio Standards. Supplier must comply the Delaware Renewable Portfolio Standard as defined in State of Delaware Code, Title 26, Chapter 1. Public Service Commission, Subchapter III-A. Supplier will provide the Cooperative, no later than 90 days following the end of the compliance year, a report and documentation clearly demonstrating the supplier has complied with the renewable energy portfolio standards established pursuant to and includes the submission of the required amount of renewable energy credits; or demonstrates the amount of electricity sales for the compliance year by which the retail electricity supplier failed to meet the renewable energy portfolio standard.

Appears in 2 contracts

Sources: Electric Supplier Agreement, Electric Supplier Agreement