Oregon Statutes 758.552 – Ownership of renewable energy certificates for energy generated by qualifying facility
(1) For contracts executed pursuant to the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. § 2601 et seq.) and in effect prior to November 30, 2005, renewable energy certificates created pursuant to a system established by the State Department of Energy under ORS § 469A.130, for generation during the term of such a contract, are owned by the owner of a qualifying facility, unless the owner has transferred a certificate in a contract between the owner and another person.
Terms Used In Oregon Statutes 758.552
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) Subsection (1) of this section applies to qualifying facilities that:
(a) Are located in this state;
(b) Are certified as qualifying small power production facilities or qualifying cogeneration facilities under the Federal Power Act (16 U.S.C. § 796) as in effect on June 7, 2011; and
(c) Produce electricity that is priced under ORS § 758.525. [2011 c.248 § 2]