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2018_08-28_PWETCpacket
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2018_08-28_PWETCpacket
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8/31/2018 9:09:33 AM
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Commission/Committee
Commission/Authority Name
Public Works Commission
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
8/28/2018
Commission/Committee - Meeting Type
Regular
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Northern States Power Company, a Minnesota corporation <br />Minneapolis, Minnesota 55401 <br />MINNESOTA ELECTRIC RATE BOOK - MPUC NO. 2 <br />STANDARD CONTRACT FOR Section No. 9 <br />SOLAR*REWARDS COMMUNITY (Continued) 1st Revised Sheet No. 85 <br />14. Renewable Energy Credits (RECs). Under any of the following conditions, the RECs associated with the Community <br />Solar Garden belong to the Company: (Continued) <br />The Community Solar Garden Operator hereby automatically and irrevocably assigns to Company all rights, title and <br />authority for Company to register the Subscribed Energy and Unsubscribed Energy and own, hold and manage the RECs <br />associated with all such energy in the Company's own name and to the Company's account, including any rights <br />associated with any renewable energy information or tracking system that exists or may be established (including but not <br />limited to participants in any applicable REC Registration Program and the United States government) with regard to <br />monitoring, registering, tracking, certifying, or trading such credits. The Community Solar Garden Operator hereby <br />authorizes Company to act as its agent for the purposes of registering, tracking and certifying RECs and the Company has <br />full authority to hold, sell or trade such RECs within its own account of said renewable energy information or tracking <br />systems. Upon the request of Company, at no cost to Company, (i) Community Solar Garden Operator shall deliver or <br />cause to be delivered to Company such attestations and/or certifications of the Community Solar Garden and its <br />associated RECs, and (ii) Community Solar Garden Operator shall cooperate with Company's registration and certification <br />of the Community Solar Garden. The Company shall own and retain all RECs associated with Subscribed Energy and <br />Unsubscribed Energy produced by the Community Solar Garden. <br />0 <br />A. Definition of Renewable Energy Credits (RECs). 'Renewable Energy Credits" or "RECs" are all attributes <br />of an environmental or other nature that are created or otherwise arise from the Community Solar Garden Operator's <br />generation of energy using solar energy as a fuel, including, but not limited to, tags, certificates or similar products or <br />rights associated with solar energy as a "green" or "renewable" electric generation resource, including any and all <br />environmental air quality credits, emission reductions, off -sets, allowances or other benefits related to the generation <br />of energy from the Community Solar Garden PV System that reduces, displaces or off -sets emissions resulting from <br />fuel combustion at another location pursuant to any existing or future international, federal, state or local legislation or <br />regulation or voluntary agreement, and the aggregate amount of credits, offsets or other benefits including any rights, <br />attributes or credits arising from or eligible for consideration in the M -RETS program or any similar program pursuant <br />to any international, federal, state or local legislation or regulation or voluntary agreement and any renewable energy <br />certificates issued pursuant to any program, information system or tracking system associated with the renewable <br />energy generated from the Community Solar Garden PV System. RECs do not include any federal, state or local tax <br />credits, cash grants, production incentives or similar tax or cash benefits for which Community Solar Garden Operator <br />or the Community Solar Garden PV System are eligible or which either receives, or any depreciation, expenses, <br />credits, benefits or other federal, state or local tax treatment for which Community Solar Garden Operator or the <br />Community Solar Garden PV System is eligible or that either receives. <br />(Continued on Sheet No. 9-86) <br />Date Filed: 12-18-15 By: Christopher B. Clark Effective Date: 12-18-15 <br />President, Northern States Power Company, a Minnesota corporation <br />Docket No. E002/M-13-867 Order Date: 12-15-15 <br />
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