Notwithstanding any provision of law to the contrary, an
electric distribution company shall be permitted to
recover a pretax return on, and a return of, the
depreciated original cost of an alternative energy system
and the reasonable prudent expenses incurred to operate
and maintain an alternative energy system, provided that
the alternative energy system is used for the purpose
provided under this subparagraph and has been procured
through a commission-approved competitive procurement
process. If an alternative energy system is used to
satisfy the solar photovoltaic requirements associated
with all load serving entities serving load within the
service territory of an electric distribution company,
the costs shall be recovered through a nonbypassable,
competitively neutral charge. If an alternative energy
system is used only to satisfy the solar photovoltaic
requirements associated with the electric distribution
company ' s default service load, the costs shall be
recovered in accordance with paragraph (3.9). The costs
of any alternative energy system recovered under this
section shall not otherwise be recovered from customers
except to the extent authorized by the commission.
(5.1) An electric distribution company may enter into a
contract, including a long-term contract, for the procurement
of alternative energy credits in accordance with a
commission-approved procurement process to provide
competitively neutral alternative energy credit products for
customers. The costs of the alternative energy credit
products shall only be recoverable from customers purchasing
the alternative energy credit products except to the extent
20170HB1799PN2450 - 5 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30