; and (B) 200 percent of the value of the alternative compliance payment, as adjusted under subsection (i)(2). (2) Waivers and mitigation (A) Force majeure The Secretary may mitigate or waive a civil penalty under paragraph (1) if the applicable retail electricity supplier was unable to comply with an applicable requirement of this section for reasons outside of the reasonable control of the retail electricity supplier. (B) Reduction for State penalties The Secretary shall reduce the amount of a penalty determined under paragraph (1) by the amount paid by the applicable retail electricity supplier to a State for failure to comply with the requirement of a State renewable energy program, if the State requirement is more stringent than the applicable requirement of this section. (3) Procedure for assessing penalty The Secretary shall assess a civil penalty under this subsection in accordance with section 333(d) of the Energy Policy and Conservation Act ( 42 U.S.C. 6303(d) ). (i) Alternative compliance payments (1) In general A retail electricity supplier may satisfy the requirements of subsection (c), in whole or in part, by submitting, in lieu of Federal clean energy credits issued under this section, a payment equal to the amount required under subsection (d)(1)(C), in accordance with such regulations as the Secretary may promulgate, subject to paragraph (2). (2) Adjustment Not later than December 1 of the second full calendar year beginning after the date of enactment of this section, and annually thereafter, the Secretary shall— (A) increase the rate of the alternative compliance payment under subsection (d)(1)(C) by— (i) during the period beginning on the date of enactment of this section and ending on December 31, 2029, 3 percent; and (ii) beginning on January 1, 2030, 5 percent