H1203B1668A01448       AJM:CDM 06/12/07    #90             A01448
                       AMENDMENTS TO HOUSE BILL NO. 1203
                                    Sponsor:  REPRESENTATIVE HORNAMAN
                                           Printer's No. 1668

     1       Amend Title, page 1, line 8, by striking out "the definition
     2    of "force majeure,"" and inserting
     3               definitions,
     4       Amend Sec. 1, page 1, lines 14 through 16, by striking out
     5    all of said lines and inserting
     6       Section 1.  The definitions of "alternative energy credit,"
     7    "force majeure" and "Tier I alternative energy source" in
     8    section 2 of the act of November 30, 2004 (P.L.1672, No.213),
     9    known as the Alternative Energy Portfolio Standards Act, are
    10    amended to read:

    11       Amend Sec. 1 (Sec. 2), page 1, by inserting after line 20
    12       "Alternative energy credit."  A tradable instrument that is
    13    used to establish, verify and monitor compliance with this act.
    14    A unit of credit shall equal one megawatt hour of electricity
    15    from an alternative energy source. The alternative energy credit
    16    shall remain the property of the alternative energy system until
    17    the alternative energy credit is voluntarily transferred by the
    18    alternative energy system.

    19       Amend Sec. 1 (Sec. 2), page 3, line 4, by inserting after
    20    "eliminated."
    21    Commission modification of the electric distribution company or
    22    electric generation supplier obligations under this act shall be
    23    for that compliance period only. Commission modification shall
    24    not automatically reduce the obligation for subsequent
    25    compliance years. If the commission modifies the electric
    26    distribution company or electric generation supplier obligations
    27    under this act, the commission may require the electric
    28    distribution company or electric generation supplier to acquire
    29    additional alternative energy credits in subsequent years
    30    equivalent to the obligation reduced due to a force majeure
    31    declaration if the commission determines that sufficient
    32    alternative energy credits exist in the marketplace.

    33       Amend Sec. 1 (Sec. 2), page 3, by inserting between lines 5

     1    and 6
     2       "Tier I alternative energy source."  Energy derived from:
     3           (1)  Solar photovoltaic and solar thermal energy.
     4           (2)  Wind power.
     5           (3)  Low-impact hydropower.
     6           (4)  Geothermal energy.
     7           (5)  Biologically derived methane gas.
     8           (6)  Fuel cells.
     9           (7)  Biomass energy.
    10           (8)  Coal mine methane.
    11       * * *

    12       Amend Sec. 2 (Sec. 3), page 3, line 28, by inserting a
    13    bracket before "Of"
    14       Amend Sec. 2 (Sec. 3), page 3, line 30, by striking out
    15    "[for]:" and inserting
    16    for:] The total percentage of the electric energy sold by an
    17    electric distribution company or an electric generation supplier
    18    to retail electric customers in this Commonwealth that must be
    19    sold from solar photovoltaic technologies is:

    20       Amend Sec. 2 (Sec. 3), page 4, lines 23 through 27, by
    21    striking out "through May 31," in line 23 and all of lines 24
    22    through 27 and inserting
    23               and thereafter.
    24       Amend Sec. 2 (Sec. 4), page 7, lines 21 and 22, by striking
    25    out "Pike County Light and Power Company and Pennsylvania Power
    26    Company." and inserting
    27               all Pennsylvania electric distribution companies and
    28               electric generation suppliers.

    29       Amend Sec. 2 (Sec. 5), page 8, line 3, by striking out "be
    30    "trued-up"" and inserting
    31               receive full retail value for all energy produced




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