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Assessing the Potential for Renewable Energy on National Forest System Lands

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Assessing the Potential for Renewable Energy on National Forest System Lands ( assessing-potential-renewable-energy-national-forest-system- )

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On January 12, 2001, the New Hampshire Public Utilities Commission approved net metering and interconnection rules for homeowners and small businesses with grid-tied renewable energy systems under 25 kW in size. The statewide limit on capacity enrolled in net metering is 0.05% of the annual peak demand of each utility. Customers generating more electricity than they use in a given billing period receive credit for the excess kWh generated. New Mexico Renewable Energy Production Tax Credit Enacted in 2002, and amended in 2003 by HB 146, the New Mexico Renewable Energy Production Tax Credit provides a tax credit against the corporate income tax of 1 cent per kilowatt-hour for companies that generate electricity from wind, solar, or biomass. The credit is applicable only to the first 400,000 MWh of electricity in each of 10 consecutive years. To qualify, an energy generator must use a zero-emissions generation technology and have capacity of at least 10 MW. Energy generation from all participants combined must not exceed two million MWh of production annually. If the amount of the tax credit claimed exceeds the taxpayer's corporate income tax liability, the excess may be carried forward for up to 5 consecutive taxable years. Production Incentive – Green Tag Purchase Program Eligible Technologies: Solar Thermal Electric, Photovoltaics, Wind, Biomass, Geothermal Electric, Small Hydroelectric, Renewable Fuels Amount: $1 to $100 per MWh total production; varies by technology and contract length Terms: Any size system, grid tied, new renewable (January 1, 1999, or later) Website: http://www.mainstayenergy.com/ Mainstay Energy is a private company offering customers who install, or have installed, renewable energy systems the opportunity to sell the green tag RECs associated with the energy generated by these systems. These green tags will be brought to market as Green-e* (http://www.green-e.org/) certified products. Through the Mainstay Energy Rewards Program, participating customers receive regular, recurring payments. The amount of the payments depends on the type of renewable energy technology, the production of electricity by that system, and the length of the contract period. Mainstay offers 3-, 5-, and 10-year purchase contracts. The longer the contract period, the greater the incentive payment on a $/kWh basis. Payments are made quarterly. Mandatory Utility Green Power Option On December 17, 2002, the New Mexico Public Regulation Commission (NMPRC) unanimously approved an expansive new renewable energy rule. The rule requires investor- owned utilities and electric cooperatives to offer a voluntary renewable energy tariff (green- D - 14

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