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SB 844 is a bill passed in 2013 that allows Oregon natural gas utilities to develop greenhouse gas reduction projects voluntarily. The program aims to reduce net GHG emissions, go beyond business as usual, and result in customer benefits. NW Natural's Carbon Solutions program offers incentives that stack with current programs, reducing payback period. Customers are paid based on verified savings, and ongoing payments provide a financial offset to CHP operation.
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SB 844 Programs NWGA Board of Directors Teleconference Bill Edmonds NW Natural Thursday, July 30, 2015
OR Senate Bill 844: Carbon Solutions • Bill Passed in 2013 • Allows Oregon natural gas utilities to voluntarily develop greenhouse gas reduction projects. All Projects Must: Reduce Net GHG emissions Go Beyond Business as Usual Result in Customer Benefits • SB 844
Combined Heat & Power Solicitation SB 844 Currently Available • NW Natural Carbon Solutions incentive stacks with current incentive programs to reduce payback period • Carbon incentive paid to customer based on verified savings • Ongoing payment for project term provides ongoing financial offset to CHP operation