Review of Standard-Offer Prices Under the SPEED Program (Docket 7780)

Pursuant to the Vermont Energy Act of 2009, the Public Service Board ("Board") established a standard-offer program under which qualifying facilities (new renewable projects with capacity of 2.2 MW or less) would receive standard-offer prices based on the cost of developing a project plus a reasonable rate of return.  The Board established the present rates for the standard-offer program under 30 V.S.A. § 8005 by Order issued January 15, 2010, in Docket 7533.  The Order set prices for each of the following technology categories: solar, wind, biomass, landfill gas, farm methane, and hydroelectric. 

 

On September 13, 2011, the Board opened Docket 7780 to investigate the review of standard offer prices for qualifying renewable generation under the Sustainably Priced Energy Enterprise Development ("SPEED") program. The governing statutes, require that the Board, pursuant to Section 8005(b)(2)(C), "review" the standard-offer prices established in Docket 7533 and determine whether such prices provide sufficient incentive for the rapid deployment and commissioning of plants by January 15, 2012.

 

Schedule

Order and Memoranda

Comments to Identify Issues - October 7, 2011

Workshop - October 17, 2011

Prefiled Testimony - November 3, 2011

Rebuttal Testimony - November 18, 2011

Briefs - December 13, 2011

Reply Briefs - December 20, 2011

Additional Information

Docket 7533 Standard-Offer Price Determination