Breakthrough Technologies Institute - Fuel Cells 2000

Following 2004 legislation mandating establishment of a renewable energy standard,
state officials have begun a program review to determine the Fund’s role in
implementing the RES.
Subsequent legislation (2005) expanding the scope of renewable resources eligible for
funding. Among other resources, the Fund may now subsidize fuel cells projects
operating with renewable fuels. Funding programs include:
Incentive for the Purchase and Sale of Renewable Electricity to Large Electricity
Customers
www.riseo.state.ri.us/riref/programs/supplysupport.html
www.riseo.state.ri.us/riref/programs/rfp/largecustrfp.pdf
In 2003, the Rhode Island Renewable Energy Fund made available approximately
$370,000 to encourage the long-term purchase of renewable energy based retail
electricity supply by large electricity consumers in Rhode Island, including business,
government, and institutional customers. The Fund invites proposals by large electricity
consumers and/or registered retail electricity suppliers for the purchase and sale of
green power to large electricity customers in Rhode Island. Through this solicitation the
Fund seeks to buy-down but not eliminate entirely the cost premium associated with
purchasing green power.
Currently, the incentive program is undergoing revisions and will be re-designed to
directly enhance the economics and creditworthiness of projects and help assure that
renewable energy supply sources are available to the Rhode Island market. In the
meantime, the Fund is accepting unsolicited proposals.
Renewable Energy Incentive Program for Residential and Small Commercial
Customers
www.riseo.state.ri.us/riref/programs/rfp/small_customer_guidelines.pdf
The Rhode Island Renewable Energy Fund offers financial incentives for retail electricity
suppliers registered in Rhode Island and that offer eligible green power supply to
residential and small business consumers within the state. This incentive program is
designed to directly reduce a retail green power suppliers' cost to provide Rhode Island
consumers with green power. This incentive program is currently funded to reward
electricity suppliers who enroll up to 15,000 new residential and small commercial
customers in eligible green power products. This incentive will only be paid for customer
enrollments through the end of June, 2008.
For residential customers, program incentives start at up to $125 per customer and,
based on the total number of customers enrolled statewide, decline to a maximum of
$75 per customer.
Contact:
Rhode Island State Energy Office
One Capitol Hill
Providence, RI 02908
Phone: (401) 222-3370
Fax: (401) 222-1260
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