(2) Subsection (1) of this section applies to qualifying facilities that:
(a) Are located in this state;
(b) Are certified as qualifying small power production facilities or qualifying cogeneration facilities under the Federal Power Act (16 U.S.C. 796) as in effect on June 7, 2011; and
(c) Produce electricity that is priced under ORS 758.525. [2011 c.248 §2]