Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 93 - SOLAR DEVELOPMENT INCENTIVE PROGRAM
Section 123-093-0900 - Ownership, Exclusions, and Transferability
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Enrollee ownership and control. SDI program participation is limited to 35 MW of projects per Enrollee Project Owner or Operator and any of the Program Enrollee's Affiliated Entities. The intent of this cap is to prevent a single or small number of solar developer owners or operators from reaping all or most of the benefits of the incentive program. Accordingly, a Qualified and Ready Project might not be an Eligible Project if inclusion in the SDI program would result in a breach of this cap.
(2) Project sale. The SDI payments may not be transferred without prior approval by the Department. For projects not yet generating electricity at the time of the proposed sale, the individual or entity to whom the project is being sold shall submit an updated application as described in this division of administrative rule. Enrolled projects that are generating electricity at the time of the proposed sale will work with the Department, who will determine if the project is still eligible to receive SDI. Failure to comply with this provision may result in immediate termination of program incentive payments and the removal of all associated Enrolled projects from the SDI program.
(3) Exclusion from Public Purpose Funding. Owners of Enrolled Projects are not eligible to receive Public Purpose funds (ORS 757.612(3)(b)(B)) unless the funds are received pursuant to an agreement entered into before March 16, 2016.
(4) Renewable Energy Certificate ownership. Owners of Enrolled Projects also own all renewable energy certificates under ORS 469A.130 that are associated with the generation of the Enrolled Project.
Stat. Auth.: Ch. 63, OL 2016 (HB 4037)
Stats. Implemented: Ch. 63, OL 2016 (HB 4037)