Examples of Class I renewable energy in a sentence
The proposed facility will contribute to fulfilling the State’s Renewable Portfolio Standard and Global Warming Solutions Act as a zero emission Class I renewable energy source.
Class I renewable energy can come from wind, solar, small hydroelectric, biomass, methane, as well as hydrogen and ocean thermal, tidal or wave energy.
To qualify for Net Metering, a customer-generator must generate Class I renewable energy as defined in N.J.A.C. 14:8-1.2. Further, to qualify for Net Metering, the capacity of the customer’s generating system cannot exceed the amount of electricity supplied by the electric power supplier or basic generation service provider to the customer’s residence or facility, as applicable, over an annualized period; or the customer’s generating system is limited to a maximum size of 2 megawatts, whichever is less.
The State requires all electricity supplies to include a minimum quantity of Class I renewable energy, and that amount currently is scheduled to increase annually until 2025 to max out at 25%.
The facility shall have a two-year contract to purchase at least thirty-five percent of the building’s annual electricity consumption from a Class I renewable energy source.