Or. Admin. R. 860-084-0365

Current through Register Vol. 63, No. 8, August 1, 2024

Section 860-084-0365 - Volumetric Incentive Rate Bidding Option

(1) A retail electricity consumer participating under the volumetric incentive rate bidding option of the pilot program receives a payment that equals the product of the payable generation delivered to the electric company and the volumetric incentive rate per kilowatt-hour established through the consumer's successful bid in the pilot program.

(2) Each company will conduct a volumetric incentive rate bidding process with capacity awarded in the second month of each pilot year, or as otherwise directed by the Commission, through a request for proposal process approved by the Commission.

Or. Admin. R. 860-084-0365

PUC 2-2010, f. & cert. ef. 6-1-10; PUC 7-2011, f. & cert. ef. 9-30-11

Stat Auth: ORS 757.360 - 757.380

Stats. Implemented: ORS 757.360 - 757.380