Minimum Purchase Price Regulations (Prince Edward Island, Canada)

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Last modified on February 12, 2015.

EZFeed Policy

Place Prince Edward Island, Canada


   
Applies to States or Provinces Prince Edward Island, Canada
Name Minimum Purchase Price Regulations (Prince Edward Island, Canada)
Policy Category Financial Incentive
Policy Type Mandatory Utility Green Power Option
Affected Technologies Biomass/Biogas, Concentrating Solar Power, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Solar Photovoltaics, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province








Start Date 12/2005



















Primary Website http://www.gov.pe.ca/law/regulations/pdf/R&12-1-2.pdf



Last Review 2014-09-15



Summary

The Minimum Purchase Price Regulations establish the price which utilities must pay for power produced by large-scale renewable energy generators – that is those capable of producing more than 100 kilowatts of energy. The rate has been set at 7.75 cents per kilowatt hour with 5.75 cents of that as a fixed rate and 2.0 cents as a variable rate.




      
     
     


















References