(a) The facility that generates the qualifying electricity for which the bundled renewable energy certificate is issued is located in the United States and within the geographic boundary of the Western Electricity Coordinating Council; and

(b) The qualifying electricity for which the bundled renewable energy certificate is issued is delivered to:

(A) The Bonneville Power Administration;

(B) The transmission system of an electric utility;

(C) A delivery point designated by the electric utility for the purpose of subsequent delivery to the electric utility; or

(D) A delivery point mutually agreed to by a distribution utility and an electricity service supplier for the purpose of subsequent delivery to the distribution utility serving the customer of the electricity service supplier.

(2) An unbundled renewable energy certificate may be used to comply with a renewable portfolio standard if the facility that generates the qualifying electricity with which the unbundled renewable energy certificate is associated is located within the geographic boundary of the Western Electricity Coordinating Council.

(3) Renewable energy certificates issued for any electricity that the Bonneville Power Administration has designated as environmentally preferred power, or has given a similar designation for electricity generated from a renewable resource, may be used to comply with a renewable portfolio standard without regard to the location of the generating facility.

(4) This section does not affect the obligations or requirements:

(a) Imposed under or agreed to in a contract with a distribution utility;

(b) Imposed under tariff schedules approved by the Public Utility Commission;

(c) Imposed under an approved open access transmission tariff; or

(d) Imposed under rules adopted by the commission under ORS 757.600 to 757.689. [2007 c.301 §15; 2016 c.28 §9]