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Article 26 of decreto-legge n. 91 – Disposizioni urgenti per il settore agricolo, la tutela ambientale e l’efficientamento energetico dell’edilizia scolastica e universitaria, il rilancio e lo sviluppo delle imprese, il contenimento dei costi gravanti sulle tariffe elettriche, nonché per la definizione immediata di adempimenti derivanti dalla normativa europea (Decree-Law No 91 introducing urgent provisions in respect of the agricultural sector, the protection of the environment and the energy efficiency of school and university buildings, the recovery and development of undertakings, the limitation of the costs attaching to electricity tariffs, and the immediate definition of the formalities arising under European legislation) of 24 June 2014 (GURI No 144 of 24 June 2014), converted into a law, with amendments, by Law No 116 of 11 August 2014 (Ordinary Supplement to GURI No 192 of 20 August 2014) (‘Decree-Law No 91/2014’), provides: ‘1. In order to optimise the management of the periods for collection and payment of the incentives, and promote a more sustainable policy of support for renewable energies, the feed-in tariffs for electricity produced by solar photovoltaic installations, recognised pursuant to Article 7 of Legislative Decree [No 387/2003] and Article 25(10) of Legislative Decree [No 28/2011], shall be paid according to the arrangements set out in the present article. 2. With effect from the second half of 2014, [GSE] shall pay the feed-in tariffs referred to in paragraph 1 by way of equal monthly rates, based on 90% of the estimated average annual production capacity of the relevant installation during the calendar year of production, and shall adjust the amount, on the basis of actual production, before 30 June of the following year. The practical arrangements shall be defined by GSE within 15 days of the publication of the present decree and approved by decree of the Minister for Economic Development. 3. From 1 January 2015, the feed-in tariff for energy produced by installations with a rated power of more than 200 kW shall be restructured, at the discretion of the operator, on the basis of one of the following options to be notified to GSE by 30 November 2014: (a) the tariff shall be paid for a period of 24 years, from the date on which the installation becomes operational, and shall consequently be recalculated using the percentage reduction indicated in the table provided in Annex 2 to the present decree; (b) without prejudice to the 20-year payment period, the tariff shall be restructured by providing for an initial period of application of a tariff that is reduced in comparison with the current one and a second period of application of a tariff that is increased in equal measure. The restructuring percentages shall be set by means of a decree of the Minister for Economic Development, following consultation with the Autorità per l’energia elettrica, il gas e il sistema idrico (Regulatory Authority for Electricity, Gas and Water), to be issued by 1 October 2014 so as to enable, should all those eligible sign up for the option, a saving of at least EUR 600 million each year for the 2015-2019 period, in comparison with payments under the currently applicable tariffs; (c) without prejudice to the 20-year payment period, the tariff shall be reduced by a percentage value of the incentive granted as at the date on which the present decree enters into force, for the remaining duration of the period of application of that incentive, according to the following quantities: (1) 6% for installations with a rated power of more than 200 kW, up to a rated power of 500 kW; (2) 7% for installations with a rated power of more than 500 kW, up to a rated power of 900 kW; (3) 8% for installations with a rated power of more than 900 kW. If no notification is provided by the operator, GSE shall apply the option described under (c). … 5. The beneficiary of the feed-in tariff referred to in paragraphs 3 and 4 shall have the option of obtaining bank financing of a maximum amount equal to the difference between the incentive already acquired as at 31 December 2014 and the incentive restructured under paragraphs 3 and 4. Such financing may benefit, cumulatively or alternatively, on the basis of special agreements with the banking system, from specific provisions or from guarantees granted by Cassa Depositi e Prestiti SpA …’