Combined Heat and Power Partnership
Delaware Electric Cooperative - Green Energy Fund
|Date Last Updated||8/1/2013|
|Policy Type||Public Benefits Fund|
|Policy Administrator/Contact Office||Delaware Electric Co-Op|
|Policy Initiation Date||7/21/2005|
|Policy Summary||Under the 2005 Delaware Renewable Portfolio Standard (RPS) legislation, electric cooperatives were allowed to opt out of the RPS schedule if they met certain 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).|
The Delaware Electric Cooperative, the state's lone cooperative, opted out of the RPS requirements and established its own green energy fund. Based on 2012 retail electricity sales data from the DEC annual report, the fund has an annual income of approximately $214,000. 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. For more information on eligibility requirements and funding, reference the Delaware Electric Cooperative's Renewable Resource Fund Program guide (PDF) (18 pp, 82K).
Funding for CHP projects provided by these resources would be found under related dCHPP incentive types (e.g., loan, grant, or rebate).
|CHP Eligibility Requirements||Not specified, but fuel cells using renewable fuels are eligible.|
|Eligible Project Size (MW)||Does Not Specify|
|Minimum Efficiency Required/|
Other Performance Requirements
|Does Not Specify|