Delaware Electric Cooperative - Green Energy Fund

May 23, 2024

Summary

Delaware Green Energy Funds

The Delaware Green Energy Fund was created in 1999 as the part of the deregulation of Delaware's electric utilities. Under Title 26 Delaware Code § 363, the Renewable Energy Portfolio Standards Act, any electric company or cooperative may exempt itself from the states renewable portfolio standard by contributing to the states Green Energy Fund or by creating its own independent Green Energy Fund. The Green Energy Fund is to be used in support of energy efficiency technologies, renewable energy technologies, or demand side management programs, into which it shall make payments of at least $0.000356 for each kilowatt-hour it sells, transmits, or distributes in this State. For more information on the state's green energy funds visit.

Delaware Electric Cooperative's Green Energy Fund

The Delaware Electric Cooperative, the state's lone cooperative, opted out of the RPS requirements and established its own green energy fund. Based on 2008 retail electricity sales data from the DEC annual report, the fund has an annual income of approximately $206,000. 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. The eligible technologies listed in this entry are based on those described in the program regulations. Incentive programs for a given technology may or may not be active at any point in time. For more information on eligibility requirements and funding, reference the Delaware Electric Cooperative's Renewable Resource Fund Program guide.

Grant Applications

  • Solar Water Heating
  • Wind Application
  • Geothermal Application
  • Photovoltaic Application
  • Irrigation Application
  • Non-Profit Photovoltaic Application
  • Water Heater Application
  • Commercial and Industrial Lighting

Rebate Programs

  • Energize Delaware
  • Delaware Energy Office
  • Home Energy Suite

Program Overview

Implementing Sector: Utility
Category: Regulatory Policy
State: Delaware
Incentive Type: Public Benefits Fund
Web Site: https://www.delaware.coop/
Administrator:
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Space Heat
  • Solar Photovoltaics
  • Wind (All)
  • Geothermal Heat Pumps
  • Lighting
  • Yes; specific technologies not identified
  • Wind (Small)
  • Fuel Cells using Renewable Fuels
Types: Renewables, energy efficiency
Total Fund: $206,000 annually (based on 2008 retail electricity sales)
Charge: $0.000356/kWh

Authorities

Name: 26 Del. C. § 363
Date Enacted: 07/21/2005
Name: S.S. 1 for S.B. 119
Date Enacted: 07/28/2010

Contact

Name: Scott Lynch
Organization: Delaware Department of Natural Resources and
Address:
DE
Phone: (302) 653-2733
Email: slynch@demecinc.net

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.