Appropriation

Act 1 of 2008 (Sp. Sess. 1), § 502, under ALTERNATIVE ENERGY INVESTMENT ACT.

Act 1 of 2008 (Sp. Sess. 1), § 502

Section 502. Appropriation.

Following the expiration of one or more generation rate caps established in an electric utility restructuring proceeding under 66 Pa.C.S. § 2804(4) (relating to standards for restructuring of electric industry), the following sums shall be appropriated annually from the General Fund to the department for allocation under section 503:

(1) For fiscal years 2008-2009 through 2011-2012, $15,000,000.

(2) For fiscal year 2012-2013, $12,000,000.

(3) For fiscal years 2013-2014 and 2014-2015, $10,000,000.

(4) For fiscal year 2015-2016, $8,000,000.