Funding and Legislation
To generate additional revenue, DESEU is empowered to charge a fee for aggregating renewable energy credits and selling them on behalf of customer generators. The DESEU can also enter into shared savings arrangements for its energy efficiency programs and can also issue special purpose bonds between 2007 and 2015 which are capped at $30 million. In addition to establishing the DESEU, Senate Substitute 1 for Senate Bill 18 of 2007 also details the structure of the SEU and requires that the state contract with a third-party manager for the DESEU's administration and finances.
|Incentive Type:||Public Benefits Fund|
|Eligible Renewable/Other Technologies:||
|Types:||Renewables, Energy Efficiency, Low Income, Clean Vehicles|
|Name:||SS1 for SB18 of 2007|
|Organization:||Delaware Department of Natural Resources and|
|Organization:||Center for Energy and Environmental Policy|
College of Urban Affairs & Public Policy
Newark DE 19716
|Name:||Harris B. McDowell, III|
Dover DE 19903
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.
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