Common use of RPS Compliance Clause in Contracts

RPS Compliance. Historically, Tri-State has assisted its members with their respective state renewable energy standard/renewable portfolio standard (“RPS”) compliance obligation, if the member has such an obligation, including the retirement of RECs in WREGIS associated with such compliance obligation. Tri-State will assist United Power with United Power’s Colorado RPS compliance obligation for the 2023 calendar year, including the retirement of RECs in WREGIS associated with such 2023 RPS compliance obligation, in the same manner that it assists Tri-State’s other members and in accordance with Tri-State’s Board Policy 117. Tri-State will provide United Power the information consistent with what Tri-State has provided United Power in the past and in time for United Power to comply with United Power’s June 1, 2024 Colorado RPS compliance reporting requirement for the 2023 calendar year. United Power shall reasonably cooperate with Tri-State for Tri-State to provide such assistance. United Power shall have the sole obligation, without any assistance from Tri-State, for United Power’s compliance with its RPS compliance obligation for the 2024 calendar year and any calendar year thereafter. For clarity, all RECs arising out of the REC Contracts for which United Power has title and ownership pursuant to the REC Contracts, along with any other RECs that United Power owns, are used first to satisfy United Power’s 2023 calendar year RPS compliance, including RECs from prior years. Only if United Power does not have enough RECs, will Tri-State have an obligation to provide any additional Tri-State owned RECs. The final step of the compliance process for United Power’s 2023 calendar year RPS compliance obligation is usually completed in the third quarter of 2024 when Tri-State retires the RECs in WREGIS by moving such RECs into a retirement WREGIS account (“Completion of Compliance”).

RPS Compliance. Historically, Tri-State has assisted its members with their respective state renewable energy standard/renewable portfolio standard (“RPS”) compliance obligation, if the member has such an obligation, including the retirement of RECs in WREGIS associated with such compliance obligation. Tri-State will assist United Power MPEI with United PowerMPEI’s Colorado RPS compliance obligation for the 2023 2024 calendar year, including the retirement of RECs in WREGIS associated with such 2023 2024 RPS compliance obligation, in the same manner that it assists Tri-State’s other members and in accordance with Tri-State’s Board Policy 117. Tri-State will provide United Power MPEI the information consistent with what Tri-State has provided United Power MPEI in the past and in time for United Power MPEI to comply with United PowerMPEI’s June 1, 2024 2025 Colorado RPS compliance reporting requirement for the 2023 2024 calendar year. United Power MPEI shall reasonably cooperate with Tri-State for Tri-State to provide such assistance. United Power MPEI shall have the sole obligation, without any assistance from Tri-State, for United PowerMPEI’s compliance with its RPS compliance obligation for the 2024 2025 calendar year and any calendar year thereafter. For any RECs associated with January 2025 energy generation from the Granby Hydro Project, those RECs in Tri-State’s WREGIS account will be transferred back to MPEI pursuant to Section 5.4.2 of this Contract. For clarity, all RECs arising out of the REC Contracts for which United Power MPEI has title and ownership pursuant to the REC Contracts, along with any other RECs that United Power MPEI owns, are used first to satisfy United PowerMPEI’s 2023 2024 calendar year RPS compliance, including RECs from prior years. Only if United Power MPEI does not have enough RECs, will Tri-State have an obligation to provide any additional Tri-State owned RECs. The final step of the compliance process for United PowerMPEI’s 2023 2024 calendar year RPS compliance obligation is usually completed in the third quarter of 2024 2025 when Tri-State retires the RECs in WREGIS by moving such RECs into a retirement WREGIS account (“Completion of Compliance”).