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14 Environmental • Quantify and evaluate the ecological impact of energy projects, both renewable and conventional, and ensure that the costs of these impacts and mitigation measures are included in project costs. • Provide zoning protection for potential renewable energy locations, such as hydropower basins, solar collector and wind power sites and forested areas; and guarantee individual rights to solar and wind resources. Renewable sources • Encourage the use of sustainable energy sources, by authorizing utilities to offer incentives, and by facilitating the procurement of venture capital where necessary. Electric utilities Require electric utilities to: (a) Evaluate the economic merit of energy efficiency and renewable sources as part of their regular planning process, and to demonstrate that these factors are fully considered in their least cost planning. (b) Determine and publish long-term marginal or avoided costs using methodology recognized by the utility industry and regulatory agencies. (c) Provide fair and reasonable rates, based on avoided cost, for the purchase of energy from co-generation and renewable energy producers, and for the provision of stand-by service where necessary. (d) Allow connection to the respective utility grid systems of independent producers of energy, based on renewable and co-generation sources, provided agreed standards of firm capacity and reliability are met. Encourage utilities to: (e) Assist their customers in minimizing energy use by offering rebates or other forms of cost sharing in efficiency investments. Where independent regulatory agencies exist, governments should ensure that the policies of these agencies allow the utilities to offer these incentives. Allow utilities to: (f) Earn at least the same return on efficiency investments as on other capital investment.PDF Image | RENEWABLE ENERGY IN THE CARIBBEAN
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