Common use of Renewable Energy in System Supply Clause in Contracts

Renewable Energy in System Supply. The Competitive Supplier shall include Renewable Energy in the All-Requirements Power Supply mix in an amount equal to the respective requirements of the Massachusetts’ (a) Renewable Portfolio Standard, (b) Alternative Energy Portfolio Standard, (c) Clean Energy Standard, and (d) Clean Peak Energy Standard, as each standard is defined as of the date this Amendment is entered into and each starting with the year in which load is served on the Start-Up Service Date, or otherwise pay the alternative compliance payment rate as determined by the relevant Massachusetts regulatory authority. For the purposes of clarity, the Competitive Supplier shall be responsible for (a) the annual Clean Energy Standard purchase obligations as defined in 310 CMR 7.75 as of the Effective Date, including the new CES- E standard finalized by the Massachusetts Department of Environmental Protection on July 10, 2020, (b) the amended draft regulations of the Renewable Energy Portfolio Standard (“RPS”) and Alternative Energy Portfolio Standard (“APS”) as filed by the Department of Energy Resources on April 5, 2019, or the finalized versions of the same, and (c) the annual Clean Peak Energy Standard purchase obligations as filed by the Massachusetts Department of Energy Resources with the General Court on June 8, 2020. Any excess costs shall be allocated to and collected from Participating Consumers on a per kWh basis through applicable monthly invoice(s) as set forth in Article 17 of the ESA.