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This was a very brief discussion of Oregon's volumetric incentive rate that we are now implementing rather than the feed-in tariff. Andrea Simmons was correct that under the feed-in tariff the customer, that is, the rate payer, will be paid for generating electricity over a period of time. This OPB discussion though was greatly simplified for time I'm sure. The Oregon pilot project that is now being implemented is the state's first effort and it will require adjustment to be a feed-in tariff that works best for Oregon. An example of the current law that will need adjustment is limiting the VIR to the electricity actually used rather than that produced beyond what is used since we also want to encourage the cheapest form of electricity which is energy conservation. A true feed-in tariff encourages energy conservation also.
Also, re the development of LED lighting, reviewing the Northwest Sixth Power Plan shows that LED will be an important tool in meeting the goal of 85% of new energy needs through conservation.
posted 2 years, 9 months ago
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