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Funding Resources
Funding Resources
| NC Green Power Production Incentive | |
|---|---|
| Type of Incentive | Rebate |
| Eligible States | NC |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, LFG |
| Eligible Project Size | All (MW) |
| Critical Information | NC GreenPower offers production payments for grid-tied electricity generated by solar, wind, small hydro of 10 MW or less, methane, agricultural waste, animal waste, and biomass resources that are delivered to North Carolina's electrical supply. Payment arrangements for electricity generated by most renewable-energy systems are available through a rolling bid process. While a bid does not obligate NC GreenPower or the bidder in any way, information from the bids will be used to enter into negotiated agreements with selected bidders to participate in the program. |
| Start Date | 1/28/2003 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | Projects must participate in a rolling bid process. Bids submitted to NC GreenPower will be considered for one of their three green power products. All bids will be placed on file until the bid expires as defined by the expiration date in each bid sheet. Generators are required to enter into power-purchase agreements with their utility and with NC GreenPower. However, because premiums paid to NC GreenPower are funded exclusively by voluntary contributions from North Carolina electric customers, NC GreenPower is unable to provide guaranteed contracts to generators. Production payments are based on the amount expected to make the installation of renewable energy systems approach economic feasibility. Customer-generators that net meter are not allowed to participate in the NC GreenPower Program. The GreenPower program has no specified expiration date. |
| Web Site | http://www.ncgp.org/resources/ |
| Additional Web Site | http://www.ncgp.org/documents/Bidder_Instructions%20Revised.DOC |
| Primary Contact | Ewan Pritchard 909 Capability Drive Suite 2100 Raleigh, NC 27606 U.S.A. Ewan Pritchard (epritchard@advancedenergy.org) (919) 857-9028 |