Tax IncentivesCommercial & Industrial CustomersPeople's Power & Light - Renewable Energy Certificate IncentiveLast DSIRE Review: 11/14/2007 Incentive Type:Production Incentive Eligible Renewable/Other Technologies:Photovoltaics Applicable Sectors:Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Fed. Government, Institutional Amount:$0.06 per kWh Terms:3-year contract Website:www.massenergy.com/Solar.REC.Sale.html Summary:The Energy Consumers Alliance of New England (ECANE), which operates as Mass Energy Consumers Alliance in Massachusetts and Connecticut and as People’s Power & Light in Rhode Island, is a non-profit organization that buys renewable energy credits (RECs) from photovoltaic (PV) systems. The RECs from PV systems are packaged together with wind, small hydro and biomass RECs and sold as New England GreenStart, a renewable energy-based electricity product marketed through GreenUp. GreenUp is a green power program offered by National Grid, an investor-owned electric utility serving customers in Connecticut, Massachusetts and Rhode Island. ECANE offers to purchase RECs from PV systems installed in Rhode Island after 1998 at $60 per megawatt-hour ($0.06 per kilowatt-hour) for a period of three years. RECs from PV systems installed before 1998 are eligible for purchase at a negotiated rate. After the three-year contract, owners can consider other opportunities for selling RECs in the green power market; these options include extending the purchase agreement with ECANE. PV system owners may also choose to donate their RECs as a contribution to green power market development. Income from the sale of RECs will not reduce the benefits of net metering. RECs sold to ECANE may not be claimed by any other electricity supplier or used by electric utilities to meet renewable portfolio standards (RPSs) or emissions restrictions. Contact:Kelly Muellman |
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