An Act to Amend the Electricity Act
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:
1 Subsection 69(2) of the Electricity Act, chapter E-4.6 of the Acts of New Brunswick, 2003, is repealed and the following is substituted:
69(2) The city of Edmundston shall not extend its distribution of electricity to any area beyond the territorial limits described in subsection 32(2) of the Edmundston Act, 1998.
2 Section 149 of the Act is amended
(a) in subsection (1) by adding after paragraph (k) the following:
(k.1) respecting a program requiring the standard service supplier to ensure that a portion of the electricity it obtains from renewable resources is generated by some or all of the large industrial enterprises located in the Province, including, but not limited to,
(i) respecting the eligibility requirements for the program,
(ii) specifying the types of electricity generated from renewable resources that are eligible under the program,
(iii) setting the purchase price for electricity obtained in accordance with the program,
(iv) authorizing the Minister to determine the methodology and any relevant factors for consideration in the calculation of the Canadian average price for the purposes of the program,
(v) respecting the method by which the target reduction percent is to be calculated for the purposes of the program and how the target reduction percent is to be achieved, and
(vi) for the period commencing January 1, 2012, and ending March 31, 2012, authorizing the Minister to determine the methodology and any relevant factors for consideration in the calculation of the Canadian average price for the purposes of the program;
(b) by adding after subsection (2.1) the following:
149(2.2) A regulation made under paragraph (1)(k) or (k.1) may provide that it has retroactive application to a date not earlier than January 1, 2012.
3 This Act or any provision of it comes into force on a day or days to be fixed by proclamation.