Implementing Sector | State |
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Category | Regulatory Policy |
State | Delaware |
Incentive Type | Public Benefits Fund |
Web Site | https://www.energizedelaware.org/about-us/ |
Eligible Renewable/Other Technologies | Solar Water Heat, Solar Photovoltaics, Geothermal Heat Pumps, Wind (Small) |
Eligible Efficiency Technologies | Yes; specific technologies not identified |
Applicable Sectors | Commercial, Industrial, Nonprofit, Residential, Schools, Agricultural, Institutional |
Types | Renewables, Energy Efficiency, Low Income, Clean Vehicles |
Total Fund | TBD |
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.
Programs
Name | SS1 for SB18 of 2007 |
---|---|
Date Enacted | 6/28/2007 |