Acts and Regulations

2015-60 - Electricity from Renewable Resources

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Large Industrial Renewable Energy Purchase Program
24(1)Subject to subsection (2) and section 28, the Corporation shall, in accordance with the Program, obtain enough eligible electricity from an eligible large industrial enterprise that the cumulative cost of firm electricity for all of the eligible facilities owned and operated by the eligible large industrial enterprise is reduced by the target reduction per cent.
24(2)The target reduction per cent for an eligible large industrial enterprise shall be based on the amount of electricity that the eligible facilities owned and operated by the eligible large industrial enterprise were contracted to obtain on a firm basis from the Corporation immediately before the eligible large industrial enterprise’s participation in the Program.
Large Industrial Renewable Energy Purchase Program
24(1)Subject to subsection (2) and section 28, the Corporation shall, in accordance with the Program, obtain enough eligible electricity from an eligible large industrial enterprise that the cumulative cost of firm electricity for all of the eligible facilities owned and operated by the eligible large industrial enterprise is reduced by the target reduction per cent.
24(2)The target reduction per cent for an eligible large industrial enterprise shall be based on the amount of electricity that the eligible facilities owned and operated by the eligible large industrial enterprise were contracted to obtain on a firm basis from the Corporation immediately before the eligible large industrial enterprise’s participation in the Program.