Oregon Administrative Rules › Chapter 860 - PUBLIC UTILITY COMMISSION › Division 38 - DIRECT ACCESS REGULATION › Section 860-038-0220 - Portfolio Options

Current through Register Vol. 63, No. 7, July 1, 2024
(1) An
			 electric company must provide each residential consumer who is connected to its
			 distribution system with a portfolio of product and pricing options. An
			 eligible customer may enroll in or exit renewable resource options at any time,
			 subject to any switching fees approved by the Commission under subsection
			 (8)(e) of this rule. The minimum term for customers enrolling in a market-based
			 option is 12 months. Portfolio options will not be offered to large
			 nonresidential consumers.
(2)
			 Sections (3) through (8) of this rule apply to residential portfolio product
			 and pricing options.
(3) By July 1
			 of each year, the Portfolio Options Committee will recommend portfolio options
			 to the Commission that will be effective January 1 of the following year. Each
			 recommended portfolio option shall specify a service period from 12 months to
			 36 months. The Commission is not bound by the recommendations of the Portfolio
			 Options Committee.
(4) The
			 portfolio must include at least one product and rate that reflects renewable
			 energy resources and one market-based rate. The Portfolio Options Committee
			 will recommend the resource content of each renewable energy resource product.
			 At least one renewable energy resource product will contain "significant new"
			 resources. The Portfolio Options Committee will recommend a definition of
			 "significant" based on an evaluation of resource availability, resource cost,
			 and other factors. The portfolio options may include options for the collection
			 of funds for future renewable resource purchases or collection of funds for
			 energy related environmental mitigation measures such as salmon
			 recovery.
(5) Each electric company
			 is responsible for administering the options, including but not limited to
			 marketing and billing.
(6) Each
			 electric company must acquire the renewable supply resources necessary to
			 provide the renewable energy resources product through a Commission-approved
			 bidding process or other Commission-approved means. Each electric company may
			 acquire the resources necessary to provide the other product and pricing
			 options at its discretion.
(7) Four
			 months prior to the implementation of the portfolio product and pricing options
			 an electric company must file tariffs for its portfolio options.
(8) This section applies to residential and
			 small nonresidential product and pricing options. An electric company must
			 develop portfolio rates as follows:
(a) The
			 portfolio rates must be based on the unbundled costs identified through the
			 application of OAR 860-038-0200;
(b) The portfolio rates for any class of
			 customer must be based on the unbundled costs to serve that class;
(c) The portfolio rates must include any
			 additional electric company costs that are incurred when a consumer chooses to
			 be served under the portfolio rate option;
(d) The portfolio rates must exclude electric
			 company costs that are avoided when a consumer chooses to be served under the
			 portfolio rate option;
(e) An
			 electric company may impose nonrecurring charges to recover the administrative
			 costs of changing suppliers or rate options; and
(f) Rates must be established so that costs
			 associated with the development or offering of rate options are assigned to the
			 retail electricity consumers eligible to choose such rate options.