Common use of Renewable Energy in System Supply Clause in Contracts

Renewable Energy in System Supply. The Competitive Supplier shall include Renewable Energy in the All-Requirements Power Supply mix in an amount equal to the respective requirements of the Massachusetts’ (a) Renewable Portfolio Standard, (b) Alternative Energy Portfolio Standard, (c) Clean Energy Standard, and (d) Clean Peak Energy Standard, as each standard is defined as of the date this ESA is entered into and each starting with the year in which load is served on the Start-Up Service Date, or otherwise pay the alternative compliance payment rate as determined by the relevant Massachusetts regulatory authority. For the purposes of clarity, the Competitive Supplier shall be responsible for the final amendments to the regulations of the Renewable Energy Portfolio Standard (“RPS”) as filed by the Department of Energy Resources with the Joint Committee on Telecommunications, Utilities, and Energy on August 16, 2021. Term: The period of delivery of All-Requirements Power Supply shall be consistent with the provisions of Article 4 and Exhibit A of this ESA. Eligible Consumer Opt-Out: Participating Consumers are free to opt-out of the Program utilizing established EDI drop protocols. Participating Consumers are to provide five (5) days’ notice to the Competitive Supplier of such termination. There are no fees or charges for Participating Consumers to opt-out or terminate service.

Appears in 6 contracts

Samples: Competitive Electric Service Agreement, Competitive Electric Service Agreement, The Competitive Electric Service Agreement

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