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Renewable Energy Committee Meeting Discussion of Queue Transition Options for 2009-2012. May 13, 2008. Topics to Cover. 1. Review 09-12 Rebate Program Design Criteria 2. Discuss Potential Options for Queue Transition 3. Review Timeline for Program Design Review and Adoption.
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Renewable Energy Committee Meeting Discussion of Queue Transition Options for 2009-2012 May 13, 2008
Topics to Cover 1. Review 09-12 Rebate Program Design Criteria 2. Discuss Potential Options for Queue Transition 3. Review Timeline for Program Design Review and Adoption
Design Criteria • Objective: • Support Sustained Market Growth Towards the Solar RPS Goal • Rebate Component of Solar Program to Support ~30 to 40 MW of installed capacity during the 2009 – 2012 time horizon. Represents ~ 15% of the Incremental capacity required for 2012 target • Design so that we don’t recreate over-subscribed Queues • Pace incentive reductions to growth of installed capacity
Design Criteria • Other Objectives: • Encourage/require integration with efficiency • Tie incentive to expected system performance • Encourage development in specific market segments (e.g. low income or public) through tiers and or budget category set-asides
Queue Transition Options • All queue transition options will be tied to new incentive levels, tiers, budget categories and program requirements (e.g. efficiency and/or expected performance based buy-down). • Incentive block step-downs can commence: • immediately, • at the end of first refusal period, • or the end of legacy block.
Timeline • May – Queue Transition Options • June – Draft Program Recommendations • Incentive Levels and Tiers • Market Segmentation/Budget Categories • Efficiency and/or EPBB requirements • July – Program Narratives • Review Program Narratives with RE Committee • August – Finalize Plans and Budgets • September – Submit 09 Plans • Commence Early Enrollment Period (?)