N.H. Admin. Code § Puc 2503.05 - Certificate Banking
(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).
Notes
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