Achieving Portfolio Standard

Achieving Portfolio Standard. The electric utilities may aggregate their renewable portfolios in order to achieve the renewable portfolio standard. If requested, the regulator shall determine on an evidentiary record if an electric utility company is unable to meet the renewable portfolio standards in a cost-effective manner, or as a result of circumstances beyond its control which could not have been reasonably anticipated or ameliorated. If this determination is made, the electric utility company shall be relieved of some or all of its responsibility for meeting the renewable portfolio standard for the period of time that it is unable to meet the standard. Source: PL 15-23, § 2(8623); reenacted without change by PL 15-87 § 2(8623).