Maine PUC Uses SCC in Guidance Document on Value of Solar
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Application
PUC reference materials
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Date
April 2015 -
Details
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SCC Value(s)
IWG SCC (3% discount rate) minus RGGI carbon allowance costs. 3
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Reference
Value of Solar Study
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Legal Authority
Maine enacted the Act to Support Solar Energy Development in Maine during its 2014 legislative session. 4 Section 1 of the Act states that it is “in the public interest to develop renewable energy resources, including solar energy, in a manner that protects and improves the health and well-being of the citizens and natural environment of the State while also providing economic benefits to communities, ratepayers and the overall economy of the State.” 5 Section 2 of the Act instructs the Public Utilities Commission to determine the value of distributed solar energy generation in the State, including “the value of the reduced environmental impacts of the energy.” 6
- See Maine Public Utilities Commission, Maine Distributed Solar Valuation Study 35 (2015) (hereinafter “Maine Solar Study”), available here. ↩︎
- Maine Public Utilities Commission. Docket No. 2016-00222. Notice of Proposed Rulemaking (Sept 2016) at 4. ↩︎
- See Maine Solar Study. ↩︎
- Maine P.L ch. 562 (Apr. 24, 2014) (codified in part at 35‐A M.R.S.A. §§ 3471‐3474). ↩︎
- Id. at § 3472(1). ↩︎
- Id. at Sec. 2(1). ↩︎
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