(SB252)

AMENDMENT(S) PROPOSED BY THE SENATE

COMMERCE AND LABOR

1. Line 411, introduced, after Energy

strike

derived

COMMERCE AND LABOR

2. Line 412, introduced, after system

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the remainder of line 412, all of lines 413, 414, and 415, and through water heating on line 416

insert

are created based on the amount of energy, converted from BTUs to kilowatt-hours, that is generated by a geothermal heating and cooling system for space heating and cooling or water heating

COMMERCE AND LABOR

3. Line 557, introduced, after year.

insert

In any year in which a Phase I or Phase II Utility is exempted from making a deficiency payment resulting from a lack of available RECs from geothermal heating and cooling systems, the utility shall, for that compliance year, procure and retire RPS eligible RECs subject to a $45 per megawatt hour deficiency payment in an amount equal to the amount of RECs from geothermal heating and cooling systems that were not made available at a price that was equal to or below $100 per megawatt hour in that compliance year pursuant to subdivision C 1 b.