MPUC Adopts Standard Form PPA for Community-Based Renewable Energy Pilot Program

The Maine Public Utilities Commission has adopted a standard form contract for the purchase of energy, capacity resources and renewable energy credits under the MPUC’s Community-Based Renewable Energy Pilot Program.  The Pilot Program provides incentives for the development of locally-owned, community based renewable energy projects.  If qualified for the program, the renewable facility has the option of selecting either a renewable energy credit multiplier or a  long-term contract with a transmission and distribution utility for the sale of facility’s output.  A copy of the standard form contract may be found here.