The Renewable Energy Standards Portfolio Act (26 Del.C. § 354(i) and (j)) includes a cost cap provision that allows the state to freeze the renewable Energy Portfolio Standards program if the costs exceed the benefits.
Division of Climate, Coastal and Energy
The cost cap provision gives the Director of the Division of Climate, Coastal and Energy the authority to freeze implementation of the Renewable Portfolio Standard if the cost of renewable energy compliance exceeds three percent of total retail costs of electricity for the compliance year or if the solar energy cost of compliance exceeds one percent of the total retail costs of electricity for the compliance year.
Regulation 2102 was repealed to comply with a commitment to repeal the regulation made to Superior Court Judge Abigail LeGrow in the lawsuit DPA v. DNREC.