People's Power & Light - Renewable Energy Certificate Incentive (Rhode Island)

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Last modified on September 25, 2013.

Financial Incentive Program

Place Rhode Island

Name People's Power and Light - Renewable Energy Certificate Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Fed. Government, Agricultural, Institutional
Eligible Technologies Photovoltaics, Wind
Active Incentive No

Implementing Sector Non-Profit
Energy Category Renewable Energy Incentive Programs
Amount 0.03 per kWh

























Terms 3-year contract
Program Administrator Energy Consumers Alliance of New England
Website http://www.massenergy.com/Solar.REC.Sale.html
Date added to DSIRE 2003-10-21
Last DSIRE Review 2010-07-12



References DSIRE[1]


Summary

This incentive is no longer available. The Energy Consumers Alliance of New England (ECANE), which operates as Mass Energy Consumers Alliance in Massachusetts and as People’s Power and Light in Rhode Island, is a non-profit organization that buys renewable energy credits (RECs) from photovoltaic (PV) systems and small wind-energy systems. The RECs from PV systems and small wind-energy systems are packaged together with low-impact 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 Massachusetts and Rhode Island.

ECANE offers to purchase RECs from PV systems and small wind-energy systems installed in Rhode Island after 1998 at $30 per megawatt-hour ($0.03 per kilowatt-hour) for a period of three years. 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 and small wind-energy 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.

Prices are subject to change and must be verified directly with ECANE prior to making investment decisions.


Incentive Contact

Contact Name Kate Bogart
Department Energy Consumers Alliance of New England

Address 284 Amory St

Place Boston, Massachusetts
Zip/Postal Code 02130
Phone (617) 524-3950
Phone 2 (800) 287-3950

Email kate@massenergy.org
Website http://www.ripower.org/
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"