Or. Admin. R. 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.
Notes
Stat Auth: ORS 757.360 - 757.380
Stats. Implemented: ORS 757.360 - 757.380
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