State Incentives for Renewable Energy and Energy Efficiency:
Public Utilities Commission Programs
Manchester Community College, April 7th, 2011Kate Epsen
Public Utilities [email protected]
(603) 271-6018
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Renewable Energy Fund (REF)
• REF was created as a component of the RPS law, HB 873, enacted in 2007 (RSA 362-F:10)
• Purpose is to support thermal and electrical renewable energy initiatives
• RPS law establishes renewable energy portfolio requirements for electric service providers
• Requirements ramp up to 24% by 2025
• Compliance: Renewable Energy Credits (4 Classes) or Alternative Compliance Payments (ACPs)
• ACP’s are sole source of revenue for REF
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REF Revenues
• Received annually, July 1, with RPS compliance report from electric providers
• Fund revenues in 2008 = $4.48 million• Fund revenues in 2009 = $1.34 million• Fund revenues in 2010 = ???
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Residential PV/Wind Program
Rebate Program for residential generating installations under 5 kW
• REF program launched July 2009
• In Sept. 2010 rebate reduced to $1.25/Watt up to $4,500
• Program suspended: now has waiting list
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Residential Solar Hot Water
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• Program established April 21, 2010
Residential Solar Hot Water (cont.)
• 2 rebates offered:• State-funded rebate of $600 - $900, plus• ARRA-funded rebate of $2,000
• Program Budget: $ 1 million• 164 applications requesting total of
$374,000• Funds disbursed: $254,000• Unspent federal $$ may be revoked
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Residential wood pellet heating system rebate program
• Funded solely with ARRA funds from OEP- $500,000
• Program launched in July• Rebates of up to $6,000• Applications received: 12• Pending changes to program
– Outdoor boilers
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Commercial and Industrial PV/SHW rebate program
• Program began November 2010• Program funding: $1 million• Rebates for PV at $1 per watt up to
maximum of $50,000• Rebates for SHW at $.07 per kBtu/year up
to maximum of $50,000• 25 applications requesting $300,000 to date
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C&I RFP
• $1 million available to all renewable energy projects in the C&I sectors
• Proposals due May 3
• RFP found here: http://www.puc.nh.gov/Sustainable%20Energy/RFPs.htm
• Submit questions to [email protected]
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Renewable Energy Credits (RECs)• 1 REC = 1 MWh of eligible renewable energy
generation. • RECs are created through the NEPOOL GIS • REC prices fluctuate (by resource class, time)
• 3 ways to generate a REC:– NEPOOL market settlement (asset ID)– Adjacent out of state delivery into control area– 3rd party independent verification (behind the
meter systems)
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What else?
• Net metering– Expansion of net-metering to systems up to 1 MW
• RGGI funds for energy efficiency – Programs include www.NHp4p.com, Retail Merchants
Assoc., NH Community Loan Fund, BFA, NHHFA: http://www.puc.nh.gov/Sustainable%20Energy/GHGERF/2010%20Grant%20Awards.html
• CORE funding for energy efficiency
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