<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 20.61.01.04" title_num="20" subtitle_num="61" chapter_num="01" heading="Applicable Renewable Portfolio Standard.">
  <paragraph num="A.">
    <text>The renewable energy portfolio standard applicable to a supplier for a given calendar year is provided under Public Utilities Article, §7-703, Annotated Code of Maryland.</text>
  </paragraph>
  <paragraph num="B.">
    <text>On or before April 1 of each year, a supplier shall:</text>
    <paragraph num="(1)">
      <text>Accumulate renewable energy credits from electricity generated before December 31 of the preceding calendar year equal to the percentage of credits from Tier 1 renewable sources and Tier 2 renewable sources required by §A of this regulation for that preceding year; or</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Pay a compliance fee as specified under Public Utilities Article, §7-705, Annotated Code of Maryland.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>If appropriate, on or before April 1 of each year, a supplier shall pay the compliance fee required under §B(2) of this regulation to the Comptroller of the Treasury.</text>
  </paragraph>
  <paragraph num="D.">
    <text>Tier 1 Solar Compliance Schedule—Delay Request.</text>
    <paragraph num="(1)">
      <text>If a supplier's actual or projected dollar-for-dollar cost incurred or to be incurred solely for the purchase of Tier 1 solar RECs in any one year is either estimated to or actually does equal 1 percent of the supplier's total annual electricity sales revenue in Maryland, a supplier may request that the Commission:</text>
      <paragraph num="(a)">
        <text>Delay for 1 year each of the scheduled percentages for solar energy under Public Utilities Article, §7-703, Annotated Code of Maryland; and</text>
      </paragraph>
      <paragraph num="(b)">
        <text>Authorize the renewable energy portfolio standard for solar energy for that year to continue to apply to the electricity supplier for the following year.</text>
      </paragraph>
    </paragraph>
    <paragraph num="(2)">
      <text>A supplier shall file a request under §D(1) of this regulation on or before February 1 of the year following the compliance year.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>A supplier request under §D(1) of this regulation shall contain the following information:</text>
      <paragraph num="(a)">
        <text>The actual or projected dollar-for-dollar cost for the purchase of a Tier 1 REC solar and the formula for calculating these figures;</text>
      </paragraph>
      <paragraph num="(b)">
        <text>The actual or projected total annual retail electricity sales revenue for the electricity supplier seeking the compliance fee schedule deferral and the formula used to calculate these figures; and</text>
      </paragraph>
      <paragraph num="(c)">
        <text>The supplier's total Maryland retail electricity sales.</text>
      </paragraph>
    </paragraph>
  </paragraph>
</regulation>