National Grid recently announced their 2013 enrollment schedule and pricing for Rhode Island’s feed-in tariff program, also known as Distributed Generation Standard Contracts. The program was created by an act of the same name in June 2011. In aggregate, it calls for a total of 40MW in new renewable energy procurement by 2014, with 10MW slated for this year. For solar, maximum prices range from $0.2995/kWh to $0.2495/kWh, fixed for 15 years, depending on system size.
Renewable energy projects including wind, solar, and anaerobic digestion are all eligible for the program, with certain distinctions based on technology and size. Small systems will be accepted at the ceiling price on a first-come, first-serve basis until capacity is filled. Larger projects will be awarded contracts based on competitive bid-in pricing submitted for each project. The Distributed Generation Standard Contract Board sets the ceiling prices and capacity targets for each enrollment period.
The 2013 ceiling prices and capacity targets for each subcategory are as follows:
|Class Nameplate||Target Nameplate||2013 Ceiling Price (cents/kWh)|
(50 kW – 1500 kW)
(50 – 100 kW DC)
(101 – 250 kW DC)
(251 – 499 kW DC)
(400 – 500 kW)
|Solar PV/Anaerobic Digestion
(501 kW – 5000 kW)
|1300 kW||24.95 / 18.55|
The announced 2013 open enrollments include the two-week period from March 4th-15th, a second enrollment occurring in June, and a third in September. Each enrollment is only open for about two weeks at a time, so developers planning to participate in the program should take note of the scheduled openings.
The Sol Systems team will continue tracking this program, which based on the high feed-in tariff rate and substantial maximum project size, presents an excellent project development opportunity.
Lead image: Rhode Island sign via Shutterstock
The information and views expressed in this blog post are solely those of the author and not necessarily those of RenewableEnergyWorld.com or the companies that advertise on this Web site and other publications. This blog was posted directly by the author and was not reviewed for accuracy, spelling or grammar.