In 2008, Energy Trust is providing approximately
$1.5 million for Open Solicitation program
projects. There is no funding cap for projects,
but the projected program budget is expected
to fund 4-6 projects.
Incentive levels are based on above-market costs, generally defined as the financial contribution necessary for the project to earn a return in the standard range for that type of investment. There is no fixed percentage for the amount of the above-market costs Energy Trust will pay. Each project is unique and incentives are based on many factors. In return for its funding contribution, Energy Trust will ask for a negotiated share of the project’s green tags, which are held in trust for the ratepayers who contribute to Energy Trust.
For information about how we
determine above-market costs, or about incentives
in general, please view the Open Solicitation Frequently
Asked Questions page
or contact Betsy Kauffman at 503-459-4072.
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