The electric distribution company shall not be required to award bids in excess of the annual target for the applicable program year and shall not be required to procure projects in excess of any limit set by the board and approved by the commission for a given enrollment. However, the electric distribution company, in consultation with the board and the office, may voluntarily exceed an enrollment period limit as long as it does not exceed an annual target for the applicable program year. At its election, the electric distribution company may exceed an annual target for the applicable program year after review by the board and approval by the commission.
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