9 May 2007

Encouraging Energy Conservation Through Inverted Rates – Iowa Utility Tries New Approach

by | Date: 9 May 2007 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

In early April 2007, Waverly Light and Power’s Board of Trustees approved a new residential rate structure designed to encourage energy conservation by charging customers higher rates as more electricity is used. This "inverted" rate is going into effect only during four summer months beginning July 1, 2007.

WLP, a municipally-owned utility with about 4,500 customers, experiences the highest demand for electricity during summer and is hoping that this program leads to decreased demand for power. The rate structure after July will look like this:

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26 Apr 2007

Report: Distributed Generation and Cogeneration Roadmap

by | Date: 26 Apr 2007 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

This March 2007 report, Full Report: Report: Distributed Generation and Cogeneration Policy Roadmap for California, from the California Energy Commission provides a nice state-based, how-to perspective on policy options to increase the use of small scale DG along with larger combined heat and power projects.… Read More
9 Apr 2007

IRS Issues Application Guidance on $400 Million Round of Clean Renewable Energy Bonds

by | Date: 9 Apr 2007 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

On April 2nd, the Internal Revenue Service issued a notice soliciting applicants for the next round of Clean Renewable Energy Bonds allocations. The CREBs program provides governmental entities, municipal and cooperatively owned utilities an incentive to develop renewable energy projects. Ultimately, an interest free financing tool, CREBs are a substitute for renewable energy production tax incentives that these entities are not able to use because of their tax exempt status. Applications must be filed by July 13, 2007.

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6 Apr 2007

Federal Legislation Would Modify and Extend Clean Renewable Energy Bond Program

by | Date: 6 Apr 2007 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

Rep. Jim McDermott, D-Wash., recently introduced the Clean Renewable Energy for Public Power Act (H.R. 1821), which would extend and reform the Clean Renewable Energy Bond program authorizing government entities, rural cooperatives and municipally-owned electric systems to issue tax-credit bonds for renewable energy projects, as a counterpart to the production tax credit available to investor-owned utilities and other renewable energy project developers.

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