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Delaware

Delaware

Incentives/Policies for Renewables & Efficiency

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Delaware Electric Cooperative - Green Energy Fund   

Last DSIRE Review: 07/09/2012
Program Overview:
State: Delaware
Incentive Type: Public Benefits Fund
Eligible Efficiency Technologies: Lighting, Unspecified Technologies
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Geothermal Heat Pumps, Fuel Cells using Renewable Fuels
Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Rural Electric Cooperative, Agricultural
Types:Renewables, energy efficiency
Total Fund:$206,000 annually (based on 2008 retail electricity sales)
Charge:$0.000178/kWh
Web Site: http://www.delaware.coop/our-co-op/grants-and-rebates
Authority 1:
Date Enacted:
26 Del. C. ยง 363
07/21/2005
Authority 2:
Date Effective:
Delaware Electric Cooperative Renewable Resources Program Regulations
02/01/2009 (as amended)
Authority 3:
Date Enacted:
S.S. 1 for S.B. 119
07/28/2010
Summary:

Note: The Green Energy Fund regulations are currently under revision to improve program function and meet the requirements of the Delaware Energy Act. The Delaware Division of Energy and Climate webpage will provide details about relevant public meetings and workshops, proposed draft regulations, and other documents during the regulatory revision process.

Under the 2005 Delaware Renewable Portfolio Standard (RPS) legislation, electric cooperatives were allowed to opt out of the RPS schedule if they met certain other requirements. One such requirement was that they contribute to the existing Green Energy Fund for investor-owned utilities or create their own green energy fund supported by an equal surcharge (i.e. $0.000178/kWh). In 2010 the Delaware RPS was amended by SS 1 for S.B. 119 and the section (26 Del. C. § 363) detailing the obligations of electric cooperatives was slightly revised. While these amendments change several other opt-out requirements, the provision mandating green energy fund contributions in the event of an opt-out remains unchanged.

The Delaware Electric Cooperative, the state's lone cooperative, opted out of the RPS requirements and established its own green energy fund. Based on 2008 retail electricity sales data from the DEC annual report, the fund has an annual income of approximately $206,000. The surcharge for the investor-owned utility fund was doubled in 2007 through legislation, but the surcharge for the Cooperative's fund was not affected.

The Green Energy Fund supports the Cooperative's Green Energy Program Incentives, which include rebates for distributed renewable energy systems. The eligible technologies listed in this entry are based on those described in the program regulations. Incentive programs for a given technology may or may not be active at any point in time. For more information on eligibility requirements and funding, reference the Delaware Electric Cooperative's Renewable Resource Fund Program guide.


 
Contact:
  Scott Lynch
Delaware Department of Natural Resources and Environmental Control
Delaware Energy Office
1203 College Park Drive, Suite 101
Dover, DE 19904
Phone: (302) 735-3480
Fax: (302) 739-1840
E-Mail: scott.lynch@state.de.us
Web Site: http://www.dnrec.delaware.gov/energy
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

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