- (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.
Statutory/Other Authority
ORS 757.360 - 757.380
Statutes/Other Implemented
ORS 757.360 - 757.380
History
PUC 7-2011, f. & cert. ef. 9-30-11
PUC 2-2010, f. & cert. ef. 6-1-10