ction 32 in the total amount of non-fuel related costs (that is, fixed 33 costs) to be recovered by the utility. Its short-term effect 34 will be an under-recovery of fixed costs by the utility while DATE FILED: February 23, 2011 Page 9 of...
AI summary The text discusses the under-recovery of fixed costs by the utility due to Section 32, which relates to non-fuel related costs. A memorandum from Mel Whalen to the Utility and Review Board is referenced, providing context on the issue.
produced from wind, biomass, tidal, wave, in-stream hydro as well as combined heat and power projects will be eligible for COMFIT rates that reflect basic cost-recovery, including the cost of capital. - • COMFIT-eligible projects will conn...
AI summary The Community-Based Feed-In Tariff (COMFIT) program supports small-scale and community renewable energy projects by offering rates that ensure cost recovery, including capital costs. Projects eligible for COMFIT connect to the grid at the distribution level, and the UARB sets the COMFIT rate based on government criteria. The program aims to promote energy diversity, public acceptance of renewables, and rural economic development through job creation.
Utility and Review Board (UARB) The UARB already has responsibility for approving cost recovery for renewable energy projects through the setting of electricity rates. Under the Renewable Electricity Plan, it will take on responsibility fo...
AI summary The Utility and Review Board (UARB) is responsible for approving cost recovery for renewable energy projects through electricity rates. It will also set and periodically review FIT rates under the Renewable Electricity Plan, based on government-established criteria.