Code of Massachusetts Regulations
220 CMR - DEPARTMENT OF PUBLIC UTILITIES
Title 220 CMR 21.00 - Subdivision
Section 21.07 - Remuneration to Distribution Companies

Universal Citation: 220 MA Code of Regs 220.21

Current through Register 1531, September 27, 2024

(1) A Distribution Company may receive an annual remuneration equal to 2.75% of the annual payments under a Long-term Contract.

(2) The purpose of such remuneration shall be to compensate the Distribution Company for accepting the financial obligation of the Long-term Contract.

(3) To the extent that significant transmission costs are included in a bid, the Department will authorize the contracting parties to seek recovery of such transmission costs through federal transmission rates, consistent with policies and tariffs of the Federal Energy Regulatory Commission, to the extent the Department finds that such recovery is in the public interest.

(4)220 CMR 21.07 shall be acted upon by the Department at the time of contract approval.

Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.