U.S. Virgin Islands Feed-In Tariff

January 21, 2016

Summary

In May of 2014, AB 7586 created a feed-in-tariff that would allow owners of solar photovotaic systems ranging between 10 kWh and 500 kWh to sell their energy for approximately 26 cents per kWh. Two provisions in the law specify that the tariffs must be less than the “avoided cost,” and if the “avoided cost” changes, the tariffs, (even those within an existing contract) may also change.

A Feed-In Tariff system must be greater than 10kw and smaller than 500kw of installed capacity.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Virgin Islands
Incentive Type:	Feed-in Tariff
Web Site:
Administrator:
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Electric Solar Photovoltaics Wind (All) Biomass Hydroelectric Landfill Gas Tidal Wave Ocean Thermal
Incentive Amount:	Approximately 26 cents per kWh
Maximum Incentive:	St. Thomas, St. John, and Water Island and other territorial offshore keys and islands: 10 MWs. The island of St. Croix: 5 MWs.
Eligible System Size:	10 kWh - 500 kWh

Authorities

Name:	Bill 7586
Date Enacted:	05/16/2014
Effective Date:	05/16/2014

Name:

Amended Bill 30-0004

Name:

Bill 30-0004

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.