New Hampshire Code of Administrative Rules
Puc - Public Utilities Commission
Chapter Puc 2500 - ELECTRIC RENEWABLE PORTFOLIO STANDARD
Part Puc 2503 - PORTFOLIO STANDARDS
Section Puc 2503.05 - Certificate Banking

Universal Citation: NH Admin Rules Puc 2503.05

Current through Register No. 12, March 21, 2024

(a) Except as provided in paragraphs (b) through (d) below, certificates obtained in compliance with this chapter shall be used to comply with the portfolio standards for the year in which the energy represented by the certificate was produced.

(b) A provider of electricity may bank unused certificates and thereafter use them to comply with the portfolio standards for the 2 years following the year in which the energy was produced pursuant to (c) below.

(c) An owner of certificates may bank unused certificates by filing with the commission the following:

(1) By July 1 of each year, information regarding the total amount of excess certificates by class to be banked for future compliance years; and

(2) By July 31 of each year, the report titled "My Settled Certificates Disposition," issued by GIS to the owner indicating the total number of certificates owned and settled for the prior year.

(d) No provider of electricity shall meet more than 30 percent of its portfolio standards for any individual class in any given year with certificates acquired pursuant to paragraph (b).

Disclaimer: These regulations may not be the most recent version. New Hampshire 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.