Barbados Renewable Energy Rider

Barbados light and power has introduced a renewable energy rider program following a successful pilot program whereby electricity generated from renewable energy sources result in credit being accumulated on the customer s account.

Barbados renewable energy rider.

Rer renewable energy rider rfp request for proposals sefb sustainable energy framework for barbados sids small island developing states. Madison gas and electric mge recently launched a new pilot program to serve business customers with renewable energy resources. Under the renewable energy rider rer we purchase power from your renewable generating system rgs at a rate credit determined by the ftc while you continue to purchase power at the existing electricity rates. Since its introduction by the barbados light and power company limited bl p in 2010 the renewable energy rider rer programme has matured and made a valuable contribution to the development of alternative energy generation in barbados.

We promote the adoption and implementation of renewable energy join us and be informed of alternative energy projects and exhibitions. Renewable energy rider connecting business customers to renewable energy resources. Renewable energy generation can be from wind turbines or solar photovoltaic systems. The barbados light power company limited has filed an application to the fair trading commission for approval to establish clean energy transition rider cetr mechanism to recover the cost associated with the clean energy transition programme.

Another high profile policy in the electricity sector is bar bados net billing program which is administered under the renewable energy rider rer tariff. Provision of reliable safe affordable sustainable modern and climate friendly energy services to all residents and visitors. Emera caribbean renewables ltd ecrl is reporting an increased interest in renewable energy systems among barbadians especially in the last year. This new service called the renewable energy rider rer can provide renewable energy to power all or a portion of your business.

Renewable energy generation targets to the energy minister without the need for further approval from the parliament. This barbados national energy policy bnep 2019 2030 document is designed to achieve the 100 renewable energy and carbon neutral island state transformational goals by 2030. Today the rer programme with its 12mw of installed capacity has served as an impetus for discussion on. Throughout barbados energy sector in 2016 and 2017 as well stakeholder meetings in 2018.

At present the rer rate credit is set at 0 416 kwh for solar pv and 0 315 kwh for wind. To date the power to raise targets has not been exercised.