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The state cannot impose a rate above avoided cost, and as presently interpreted, that rules out a life of project rate guarantee.
Only a small change would be required to permit states to adopt competitive feed-in tariffs, which would leave tax credits or portfolio standards for pushing the scale of various sustainable renewable power sources up to cost competitive levels. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
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