Acts and Regulations

2015-60 - Electricity from Renewable Resources

Section 27
Disposition versions

Full text
Target reduction per cent
27On or before April 21 in each fiscal year, the Minister shall calculate the target reduction per cent for that fiscal year by:
(a) subtracting the Canadian average rate for firm electricity for that fiscal year for those customers who are engaged primarily in pulp and paper industry activities from the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises;
(b) dividing the amount determined under paragraph (a) by the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises; and
(c) multiplying the amount determined under paragraph (b) by 100.
2021-46
Target reduction per cent
27On or before April 21 in each fiscal year, the Minister shall calculate the target reduction per cent for that fiscal year by:
(a) subtracting the Canadian average rate for firm electricity for that fiscal year for those customers who are engaged in a particular manufacturing or processing activity from the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises and that are engaged in that particular manufacturing or processing activity;
(b) dividing the amount determined under paragraph (a) by the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises and that are engaged in that particular manufacturing or processing activity; and
(c) multiplying the amount determined under paragraph (b) by 100.
Target reduction per cent
27On or before April 21 in each fiscal year, the Minister shall calculate the target reduction per cent for that fiscal year by:
(a) subtracting the Canadian average rate for firm electricity for that fiscal year for those customers who are engaged in a particular manufacturing or processing activity from the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises and that are engaged in that particular manufacturing or processing activity;
(b) dividing the amount determined under paragraph (a) by the rate for firm electricity that is in effect on April 1 for the eligible facilities that are owned and operated by eligible large industrial enterprises and that are engaged in that particular manufacturing or processing activity; and
(c) multiplying the amount determined under paragraph (b) by 100.