Distributed Wind Policy Comparison Tool
State and utility policy makers, county officials, and other interested stakeholders can now explore the best ways to improve the bottom line of consumer-owned wind turbines with an updated Distributed Wind Policy Comparison Tool and accompanying User Guide. Version 3.1 of the Distributed Wind Policy Comparison Tool includes several updates reflecting changes in market conditions, costs, and refined assumptions.
One noteworthy change in the Tool is the expansion to include Puerto Rico and the US Virgin Islands. In addition, Renewable Energy Credit prices, retail electricity rates, and incentives for numerous states were updated based on the a review of the Database of State Incentives for Renewables & Efficiency (www.dsireusa.org) and other sources.
As part of a project funded by U.S. Department of Energy (DOE), the Policy Tool uses a dashboard-interfaced pro forma financial model to calculate the impact rebates, tax credits, feed-in tariffs (FITS) and other incentives and policies have on project economics. The project helps address market challenges identified in the U.S. DOE “20% Wind Energy by 2030” report, available at www.20percentwind.org, for distributed wind as part of a diverse clean energy portfolio.
The full 2011 Guidebook is also available through the U.S. Department of Energy Wind and Water Power Program online library.