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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)] Optional Green Product A: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs] 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 1 contract

Samples: The Competitive Electric Service Agreement

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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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)] Optional Green Product A: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs] 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 1 contract

Samples: Competitive Electric Service Agreement

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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2Standards. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)%] Optional Green Product AProduct: The Competitive Supplier shall include Renewable Energy in the All-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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind an additional 50% of MA Class I RECs for a total amount equal to 100% Renewable Energyabove Minimum Standards. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs– RPS + 50%] 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 1 contract

Samples: Competitive Electric Service Agreement

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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2Standards. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)%] Optional Green Product AProduct: The Competitive Supplier shall include Renewable Energy in the All-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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind an additional 25% of MA Class I RECs for a total amount equal to 100% Renewable Energyabove Minimum Standards. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs– RPS + 25%] 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 1 contract

Samples: Competitive Electric Service Agreement

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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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)] Optional Green Basic Product A: The Competitive Supplier shall include Renewable Energy in the All-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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs] 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 1 contract

Samples: The Competitive Electric Service Agreement

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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of an additional 5% of MA Class I RECs above Minimum Standards for Period 1 and the purchase of an additional 25% of MA Class I RECs above Minimum Standards for Period 2Standards. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [MA Class I RECs – RPS + 5% (Period 1) / MA Class I RECs – RPS + 25% (Period 2)%] Optional Green Basic Product A: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8March 19, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of National Wind RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% National Wind RECs] Optional Green Product B: 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 Amendment 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 (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES-E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA. The price stated above also includes the purchase of MA Class I RECs for a total amount equal to 100% Renewable Energy. The Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the Renewable Energy Certificates (RECs). All such RECs will be created and recorded in the New England Power Pool Generation Information System or be certified by a third party such as Green-e. [100% MA Class I RECs] 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 1 contract

Samples: Competitive Electric Service Agreement

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