MASSACHUSETTS AND RHODE ISLAND RENEWABLE ENERGY MARKETING PROGRAMS Thomas G. Robinson Deputy General Counsel National Grid USA June 13, 2003 1 SIGNATORIES • • • • • • • • • • Division of Energy Resources Massachusetts Technology Collaborative Conservation Law Foundation Associated Industries of Massachusetts Center for Ecological Technology Community Energy, Inc. Conservation Services Group, Inc. Green Mountain Energy Company Massachusetts Energy Consumers Alliance Sterling Planet, Inc. 2 2 REGULATORY BODIES AND REQUIREMENTS • Massachusetts – Department of Telecommunications and Energy • Environmental Disclosure • Market Development – Division of Energy Resources – Attorney General’s Office • Rhode Island – Public Utilities Commission – Attorney General’s Office • General – New England Generation Information System – Green-e requirements (as administered by the Center for Resource Solutions) 3 3 OBJECTIVES • Provide a Marketing Platform to Support Renewable Energy Development • Stimulate the Retail Market for Residential and Small Commercial Customers • Provide a Green Option for National Grid’s Standard Offer and Default Service Customers in MA; Standard Offer and Last Resort Service Customers in RI in MA; Standard Offer and Las Resort Service Customers in RI • Enable Participating Customers in MA to Realize Federal Tax Deduction through MTC’s MA Cleaner Energy Choice Program 4 4 HOW THE PROGRAM WORKS • National Grid creates a GIS sub-account for each of the renewable supplier’s upgrade products • The renewable supplier sells its upgrade products product to standard offer and default service customers (MA) and/or standard offer and last resort service customers (RI) • The renewable supplier buys GIS certificates matching sales to participating customers to match sales to participating customers and deposits them in National Grid GIS sub-accounts created on behalf of the renewable supplier GIS sub-accounts created on behalf of renewable supplier • The renewable supplier is responsible for environmental disclosure and regulatory compliance 5 5 HOW TO PARTICIPATE • Register as electricity broker in Massachusetts, supplier in Rhode Island • Complete testing of EBT transactions • Buy GIS certificates matching customer sales • Sign up National Grid residential and small commercial customers – 1.7 million National Grid customers in Rhode Island and Massachusetts – 1.5 million National Grid customers in New York 6 6
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