Rhode Island Aims for Renewables

Narragansett Electric, joined by other members of the Rhode Island Renewable Energy Collaborative, is helping to bring more affordable renewable electric power to their customers.

Providence, Rhode Island – December 12, 2002 [SolarAccess.com] On January 1, 2003, the Rhode Island State Energy Office will take over the administration of the Renewable Energy funds collected from Rhode Island ratepayers. Starting on that date, a small fee will be collected on all kWh sales in Rhode Island (excluding Block Island) and used to fund Renewable Energy activities. The fund will be called the Rhode Island Renewable Energy Fund. Massachusetts has deployed a similar program where modest a Renewable Energy charge on every utility bill has generated well over a hundred million dollars to be reinvested in Renewable Energy programs and projects. Eligible renewable technologies include: wind power, small scale (less than 100 MW) hydropower plants that do not require the construction of new dams, solar energy (must produce electricity), sustainably managed biomass and commercially available fuel cells. The Rhode Island Renewable Energy collaborative has also announced three updated Requests for Proposals (RFP) for renewable projects: Residential and Small Business Customer Incentive Program, RFP for Purchase and Sale of Renewable Electricity to Large Electricity Customers, RFP for Renewable Generation Supply The Residential and Small Business Customer Incentive Program provides registered retail electricity suppliers with a per-customer rebate for signing up residential and small business customers in Rhode Island to qualifying green power offerings. It is currently funded at a level of approximately US$1.36 million and can support the enrollment of approximately 15,000 customers. Per-customer rebates are: US$125 per customer for the first 5,000 residential customers, and US$75 per residential customer thereafter until funds are exhausted. US$250 per customer for the first 1,000 small business customers, and US$125 per small business customer thereafter until funds are fully allocated. Qualifying green power offerings must meet minimum criteria, including meeting minimum levels of eligible supply from new renewable resources within New England, or meeting green power certification standards. Green power offerings can be either through the customer’s retail electricity supplier or as a complementary financial offering such as a green certificate product that would not require customers to leave their current electricity supplier. The RFP for Purchase and Sale of Renewable Electricity to Large Electricity Customers is intended to encourage large electricity customers in Rhode Island to purchase Renewable Energy-based electricity supply. The Collaborative invites proposals from large electric customers including business, government, and institutional customers and registered retail electricity suppliers for the purchase or sales of green power to large electricity customers in Rhode Island. A total of half a million dollars is available. The RFP for Renewable Generation Supply is intended to encourage the development of Renewable Energy projects located in Rhode Island and New England that meet eligibility criteria and serve Rhode Island customers behind the meter or through competitive retail electric supply. Examples of eligible electricity-generating technologies include are the same at listed in the fourth graph above. A total of US$1.25 million is available.

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