FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OFTHE SECURITIES EXCHANGE ACT OF 1934.

                For the quarterly period ended September 30, 1999

                         Commission file Number 0-24143

                        RIDGEWOOD ELECTRIC POWER TRUST V
            (Exact name of registrant as specified in its charter.)

        Delaware                           22-3437351
(State or other jurisdiction of          (I.R.S. Employer
 incorporation or organization)         Identification No.)

   947 Linwood Avenue, Ridgewood, New Jersey                07450-2939
   (Address of principal executive offices)                   (Zip Code)

               (201) 447-9000
Registrant's telephone number, including area code:

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. YES [X] NO [ ]

<PAGE>


                         PART I. - FINANCIAL INFORMATION

Item 1. Financial Statements

















                        Ridgewood Electric Power Trust V

                        Consolidated Financial Statements

                               September 30, 1999



















<PAGE>


Ridgewood Electric Power Trust V
Consolidated Balance Sheet
--------------------------------------------------------------------------------


                                               September 30,    December 31,
                                                    1999            1998
                                                ------------    ------------
                                                (unaudited)
Assets:
Cash and cash equivalents ...................   $ 20,378,452    $ 42,832,241
Due from affiliates .........................        606,226       1,165,140
Other current assets ........................        250,140         262,489
                                                ------------    ------------

   Total current assets .....................     21,234,818      44,259,870

Investments:
Maine Hydro Projects ........................      6,137,156       6,217,289
Maine Biomass Projects ......................      5,865,601       6,306,817
Santee River Rubber .........................      8,529,025       9,007,968
MetaSound Systems ...........................      1,710,164       2,447,413
Quantum Conveyor ............................      2,979,835       3,096,170
GFG / Med Fiber .............................      1,500,000            --
Egyptian Projects ...........................      2,287,201            --
UK Landfill Projects ........................     16,744,035            --

Deferred due diligence costs ................      1,120,018         399,498
Other assets ................................        123,873            --
                                                ------------    ------------

   Total assets .............................   $ 68,231,726    $ 71,735,025
                                                ------------    ------------

Liabilities and shareholders' equity:

Accounts payable and accrued expenses .......   $    174,560    $    194,531
Due to affiliates ...........................      2,000,630         593,582
                                                ------------    ------------

   Total current liabilities ................      2,175,190         788,113
                                                ------------    ------------

Minority interest ...........................      1,553,504       1,730,174

Commitments and contingencies

Shareholders' equity:
Shareholders' equity (950 shares
 issued and outstanding) ....................     64,650,479      69,315,887
Managing shareholder's accumulated deficit ..       (147,447)        (99,149)
                                                ------------    ------------
   Total shareholders' equity ...............     64,503,032      69,216,738
                                                ------------    ------------

   Total liabilities and shareholders' equity   $ 68,231,726    $ 71,735,025
                                                ------------    ------------








          See accompanying notes to consolidated financial statements.


<PAGE>



Ridgewood Electric Power Trust V
Consolidated Statement of Operations (unaudited)
--------------------------------------------------------------------------------


                          Nine Months Ended             Three Months Ended
                       -------------------------    --------------------------
                              September 30,               September 30,
                          1999           1998          1999            1998
                       ----------    -----------    ----------    ------------
Investment income:
 Interest income ..   $ 1,309,706    $ 2,251,014    $   217,377    $   649,941
 Income (loss) from
  Maine Hydro
  Projects ........       459,874        583,735       (194,787)      (103,805)
 Loss from Maine
 Biomass Projects .      (666,216)      (434,502)      (255,719)      (123,469)
 Income  from
  Santee River
  Rubber ..........       209,167           --           79,562           --
 Loss from
  MetaSound .......      (790,661)          --         (363,198)          --
 (Loss) income
  from Quantum
  Conveyor ........      (184,890)        18,899        (55,138)        18,899
 Income  from UK
  Landfill Gas
  Projects ........       369,873           --          369,873           --
                      -----------    -----------    -----------    -----------
 Total investment
  income (loss) ...       706,853      2,419,146       (202,030)       441,566
                      -----------    -----------    -----------    -----------


Expenses:
 Investment fee ...         6,500        318,488           --           15,120
 Due diligence
  costs ...........       178,988        633,790         77,000        614,621
 Management fee ...     1,857,274      1,039,351        593,752        566,919
 Allocated
  management
 costs ............          --          356,221           --          117,232
 Research and
  development .....       567,762           --          217,478           --
 Miscellaneous ....       147,006         73,564          7,363         26,064
                      -----------    -----------    -----------    -----------
 Total expenses ...     2,757,530      2,421,414        895,593      1,339,956
                      -----------    -----------    -----------    -----------

Loss from
 operations .......    (2,050,677)        (2,268)    (1,097,623)      (898,390)

Minority interest
 in loss of
 subsidiary .......       176,670           --           54,249           --
                      -----------    -----------    -----------    -----------

Net loss ..........   $(1,874,007)   $    (2,268)   $(1,043,374)   $  (898,390)
                      -----------    -----------    -----------    -----------





          See accompanying notes to consolidated financial statements.



<PAGE>



Ridgewood Electric Power Trust V
Consolidated Statement of Changes in Shareholders' Equity (unaudited)
--------------------------------------------------------------------------------


                                            Managing
                          Shareholders     Shareholder       Total
                          ------------     ------------    ------------


Shareholders' equity,
 December 31, 1998 ....   $ 69,315,887    $    (99,149)   $ 69,216,738

Capital contributions .        116,100            --           116,100

Cash distributions ....     (2,926,241)        (29,558)     (2,955,799)

Net loss for the period     (1,855,267)        (18,740)     (1,874,007)

                          ------------    ------------    ------------

Shareholders' equity,
 September 30, 1999 ...   $ 64,650,479    $   (147,447)   $ 64,503,032
                          ------------    ------------    ------------

































          See accompanying notes to consolidated financial statements.


<PAGE>



Ridgewood Electric Power Trust V
Consolidated Statement of Cash Flows (unaudited)
--------------------------------------------------------------------------------

                                                         Nine Months Ended
                                                   ----------------------------
                                                   September 30,   September 30,
                                                       1999           1998
                                                   ------------    ------------
Cash flows from operating activities:
Net loss .......................................   $ (1,874,007)   $     (2,268)
                                                   ------------    ------------

Adjustments  to  reconcile  net  loss
 to net  cash  flows  from  operating
 activities:
 Income from unconsolidated Maine Hydro Projects       (459,874)       (583,735)
 Loss from unconsolidated Maine Biomass Projects        666,216         434,502
 Loss from unconsolidated MetaSound Systems ....        790,661            --
 Income from unconsolidated Santee River Rubber        (209,167)           --
 Loss from unconsolidated Quantum Conveyor .....        184,890         (18,899)
 Income from unconsolidated UK Landfill Gas
  Projects .....................................       (369,873)           --
 Minority interest in loss of consolidated
  subsidiary ...................................       (176,670)           --
 Changes in assets and liabilities:
  Decrease (increase) in due from affiliates ...        558,914         (14,467)
  Decrease (increase) in other current assets ..         12,349         (30,525)
  Increase in other assets .....................       (123,873)           --
  (Decrease) increase in accounts payable
 and accrued expenses ..........................        (19,971)          3,996
  Increase (decrease) in due to affiliates .....      1,407,048         (46,942)
                                                   ------------    ------------
   Total adjustments ...........................      2,260,650        (256,070)
                                                   ------------    ------------
   Net cash provided by (used in)
    operating activities .......................        386,643        (258,338)
                                                   ------------    ------------

Cash flows from investing activities:
Loans to Maine Biomass Projects ................       (225,000)       (250,000)
Investment in Santee River Project .............           --        (8,939,301)
Investment in MetaSound Systems ................        (53,412)           --
Investment in Quantum Conveyor .................        (68,555)     (3,001,100)
Investment in GFG / Med Fiber ..................     (1,500,000)           --
Investment in Egyptian Projects ................     (2,287,201)           --
Investment in UK Landfill Gas Projects .........    (16,374,162)           --
Distributions from Maine Hydro Projects ........        540,007            --
Distributions from Santee River Rubber .........        688,110            --
Deferred due diligence costs ...................       (720,520)       (894,578)
                                                   ------------    ------------
   Net cash used in investing activities .......    (20,000,733)    (13,084,979)
                                                   ------------    ------------

Cash flows from financing activities:
Proceeds from shareholders' contributions ......        128,250      25,945,198
Selling commissions and offering costs paid ....        (12,150)     (4,581,947)
Cash distributions to shareholders .............     (2,955,799)     (3,176,118)
                                                   ------------    ------------
Net cash (used in) provided by financing
 activities ....................................     (2,839,699)     18,187,133
                                                   ------------    ------------

Net (decrease) increase in cash and
 cash equivalents ..............................    (22,453,789)      4,843,816

Cash and cash equivalents, beginning of year ...     42,832,241      40,821,582
                                                   ------------    ------------

Cash and cash equivalents, end of period .......   $ 20,378,452    $ 45,665,398
                                                   ------------    ------------

          See accompanying notes to consolidated financial statements.


<PAGE>



Ridgewood Electric Power Trust V
Notes to Consolidated Financial Statements (unaudited)

1. General

In the opinion of management,  the accompanying  unaudited financial  statements
contain all adjustments which consist of normal recurring adjustments, necessary
for the pair  presentation  of the results for the interim  periods.  Additional
footnote  disclosure  concerning  accounting  policies  and  other  matters  are
disclosed in Ridgewood Electric Power Trust V's financial statements included in
the 1998 Annual Report on Form 10-K,  which should be read in  conjunction  with
these  financial  statements.  The year-end  balance sheet data was derived from
audited financial  statements,  but does not include all disclosures required by
generally accepted accounting  principles.  Certain prior year amounts have been
reclassified to conform to the current year presentation.

The results of operations for an interim period should not  necessarily be taken
as  indicative  of the results of  operations  that may be expected for a twelve
month period.

2.  Maine Biomass Projects

In the first six months of 1999,  the Trust  loaned an  additional  $225,000  to
Indeck Maine Energy,  L.L.C. ("Maine Biomass Projects").  At September 30, 1999,
the total amount loaned by the Trust was $600,000 and is recorded as an increase
to the trust's investment in the Maine Biomass Projects. The loan is in the form
of demand notes that bear  interest at 5% per annum.  Ridgewood  Electric  Power
Trust IV, which owns an  identical  preferred  membership  interest in the Maine
Biomass Projects,  also made identical loans to the Maine Biomass Projects.  The
other Maine Biomass Project members also loaned $450,000 in the first six months
of 1999 to the Maine Biomass Projects with the same terms.

The Maine  Biomass  Projects  were  operated  by  Indeck  Operations,  Inc.,  an
affiliate of the members of the Maine Biomass  Projects.  The annual  operator's
fee is  $300,000,  of which  $200,00  is  payable  contingent  upon  the  Trusts
receiving their cumulative annual return. The management agreement had a term of
one year and  automatically  continued  for  successive  one year terms,  unless
canceled by either the Maine  Biomass  Projects or Indeck  Operations,  Inc. The
Maine Biomass Projects  exercised their right to terminate the contract of March
1, 1999 because certain  preferred  membership  interest  payments have not been
made.  Under an Operating  Agreement with the Trust,  Ridgewood Power Management
Corporation  ("Ridgewood  Management"),   an  entity  related  to  the  managing
shareholder  through  common  ownership,  will provide  management,  purchasing,
engineering, planning and administrative services to the Maine Biomass Projects.
Ridgewood Management charges the projects at its cost for these services and for
the allocable amount of certain overhead items.  Allocations of costs are on the
basis of  identifiable  direct  costs,  time records or in proportion to amounts
invested in projects.

3.  Investment in GFG / Med Fiber Project

In September  1999,  the Trust and The Ridgewood  Power Growth Fund (the "Growth
Fund"), a similar investment program managed by the managing shareholder, made a
joint  investment of $3,000,000 in Global Fiber Group  ("GFG"),  which is in the
process  of  developing   an  underwater   fiber  optic  cable  in  the  Western
Mediterranean  (the "Med  Fiber  Project").  The  investment,  which was  funded
equally by the Trust and the Growth Fund,  provides for a 25% ownership interest
in GFG and the right to invest in projects  developed  by GFG. The Trust and the
Growth Fund anticipate  equally funding an $18,000,000 joint venture  investment
in the Med Fiber Project in the fourth quarter of 1999.

4. Investment in Egyptian Projects

In 1999,  the Trust and the  Growth  Fund  jointly  formed a company  to develop
electric power and water  purification  plants for resort hotels in Egypt. As of
September 30, 1999,  the Trust and Growth Fund had invested  approximately  $4.5
million in various  projects under  development and anticipate  investing,  at a
minimum,  an additional $6 million. To the extent that the Trust and Growth Fund
supply  capital,  they  receive an undivided  interest in the entire  package of
projects.

5.  UK Landfill Gas Projects

On June 30, 1999, a newly-created  subsidiary of the Trust purchased 100% of the
equity in four  operating  landfill  gas  power  plant and one plant in the late
stages  of  development  located  in  Great  Britain.  The  purchase  price  was
$16,104,987.  The  Trust has the  right to  develop  and  construct  another  20
landfill  gas plants in Great  Britain.  The  estimated  cost of the  package of
completed plants and the 20 developmental sites, if all the developmental plants
are built and the Trust elects to acquire them, is $36 to $38 million. The Trust
supplied the first $16.1  million and the Growth Fund will supply the  remainder
of the development  equity. To the extent that the Growth Fund supplies capital,
it will receive an  undivided  interest in the entire  package of operating  and
developmental  projects.  The Trust accounts for these projects using the equity
method because its ability to exercise  control over the projects is expected to
be temporary due to the anticipated investment of the Growth Fund.

The first five plants have an installed  capacity of 14.5 megawatts and sell the
electricity  under a 17 year  contract  to a  quasi-autonomous  non-governmental
organization that purchases electricity generated by renewable sources on behalf
of all English utilities.  The first five projects have been or will be financed
with a total of $16.6 million of long-term  bank debt, in addition to the equity
interest purchased by the Trust.

6.       Summary Results of Operations for Selected Investments
Summary results of operations for the Maine Hydro projects,  which are accounted
for under the equity method, were as follows:

                            Nine months ended September 30,
                                   1999        1998
Total revenue ...............   $3,195,185   $3,580,482
Depreciation and amortization      829,079      817,200
Income from operations ......      973,485    1,141,168
Net income ..................      919,748    1,167,472

Summary  results  of  operations  for the  Maine  Biomass  projects,  which  are
accounted for under the equity method, were as follows:

                              Nine months ended September 30,
                                    1999            1998
Total revenue ...............   $   925,326    $ 1,198,098
Depreciation and amortization       135,623        135,623
Loss from operations ........    (1,260,333)      (837,629)
Net loss ....................    (1,332,431)      (869,004)

Summary  results of  operations  for the Santee River Rubber  project,  which is
accounted for under the equity method, were as follows:

                    Nine months ended September 30, 1999
Total revenue ...............   $      --
Depreciation and amortization          --
Net loss ....................    (1,080,000)

Summary  results of  operations  for the UK  Landfill  Gas  projects,  which are
accounted for under the equity method, were as follows:

                  Three months ended September 30,    1999
Total revenue ...............   $1,230,456
Depreciation and amortization      125,843
Income from operations ......      380,854
Net income ..................      369,873




<PAGE>


Item 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations

Dollar amounts in this discussion are generally rounded to the nearest $1,000.

Introduction

The consolidated financial statements include only the accounts of the Trust and
its majority owned subsidiary,  Ridgewood WaterPure Corporation.  The Trust uses
the equity method of accounting for its investments in the Maine Hydro Projects,
the Maine Biomass Projects, the Santee River Rubber Project, the UK Landfill Gas
Projects, Quantum Conveyors and MetaSound Systems, over which the Trust does not
exercise control or control is expected to be temporary.

Results of Operations

In the third  quarter  of 1999,  the Trust  had a loss from its  investments  of
$202,000  compared  to income of $442,000  for the same period in 1998.  For the
first nine months of 1999, the Trust had total investment income of $706,000,  a
decline of  $1,713,000  from total  revenue of  $2,419,000 in the same period in
1998.

Interest  income declined by $433,000 from $650,000 in the third quarter of 1998
to $217,000 in the third  quarter of 1999 due to lower  average  cash  balances.
Interest  income also  declined by $941,000  from  $2,251,000  in the first nine
months of 1998 to $1,310,000 in the same period of 1999 due to the lower average
cash balances.

The equity loss from the Maine Hydro  Projects  increased  from  $104,000 in the
third  quarter  of 1998 to  $195,000  in the  same  period  in 1999 due to lower
production because of below-average  river flows. The below-average  river flows
also reduced  equity income for the first nine months of 1999 and 1998 ($460,000
for the first nine months of 1999 compared to $584,000 for the first nine months
of 1998).

The  equity  loss from the  shut-down  Maine  Biomass  Projects  increased  from
$123,000  in the third  quarter of 1998  ($435,000  for the first nine months of
1998) to  $256,000  in the third  quarter of 1999  ($666,000  for the first nine
months of 1999) due to lower revenues from the sale of installed capacity at the
plants  and  additional  costs  incurred  to  prepare  the  plants  for  limited
operations.

The Trust  recorded  income from its equity  interest in the Santee River Rubber
project of $80,000 and  $209,000  in the third  quarter and first nine months of
1999, respectively.  The Trust acquired its investment in Santee River Rubber in
the third quarter of 1998.  The Santee River Rubber project is expected to begin
operations in the last quarter of 1999.

The Trust  recorded  losses of $363,000  and  $791,000 in the third  quarter and
first nine months of 1999,  respectively,  equal to its share of losses incurred
at MetaSound Systems.  The Trust acquired a minority interest in that company in
the fourth quarter of 1998.

The Trust recorded losses of $55,000 and $184,000 in the third quarter and first
nine  months of 1999,  respectively,  equal to its share of losses  incurred  at
Quantum Conveyors. The Trust acquired a minority interest in that company in the
third quarter of 1998.

The Trust recorded  income of $370,000 in the third quarter of 1999 equal to its
share of income  recorded at the UK Landfill  projects.  The Trust  acquired the
projects on June 30, 1999.

The Trust  recorded  $7,000 of  investment  fees from  subscriptions  receivable
collected  in the  first  quarter  of 1999  and  none in the  second  and  third
quarters.  The decline  from the higher 1998 levels  reflects the closing of the
Trust's  offering in April 1998.  In the third  quarter and first nine months of
1999,  the most  significant  expense was the  management  fee of  $594,000  and
$1,857,000,  respectively, (2.5% annually of capital contributions), which began
to be  charged  at the  termination  of the  offering  in April  1998.  This fee
supersedes  reimbursements for project management  services (computed at cost or
the  allocable  amount of certain  overhead  expenses)  provided by the Managing
Shareholder, which totaled $356,000 in the first nine months of 1998.

In the third  quarter  and first  nine  months of 1999,  the  Trust's  Ridgewood
WaterPure subsidiary incurred $217,000 and $568,000,  respectively,  of research
and development costs related to its water  distillation  technology.  The Trust
acquired approximately 54% of Ridgewood WaterPure's  outstanding common stock in
the fourth quarter of 1998.

Liquidity and Capital Resources

In 1997,  the Trust and Fleet Bank,  N.A. (the "Bank")  entered into a revolving
line of credit agreement,  whereby the Bank provides a three year committed line
of credit  facility of $1,150,000.  Outstanding  borrowings bear interest at the
Bank's  prime rate or, at the  Trust's  choice,  at LIBOR plus 2.5%.  The credit
agreement  requires  the Trust to maintain a ratio of total debt to tangible net
worth of no more than 1 to 1 and a minimum debt service  coverage  ratio of 2 to
1. The credit facility was obtained in order to allow the Trust to operate using
a minimum amount of cash,  maximize the amount invested in Projects and maximize
cash distributions to shareholders. There have been no borrowings under the line
of credit in 1999.

On June 30, 1999, the Trust entered into  agreements  with the  stockholders  of
Combined  Landfill  Projects Limited ("CLP"),  of London,  England,  for a $16.1
million  purchase of 100% of the equity interest in four operating  landfill gas
power  plants and one plant in the late stages of  construction,  as well as the
rights to develop and construct another 20 landfill gas plants in Great Britain.
The estimated cost of the package of completed  plants and the 20  developmental
sites, if all the  developmental  plants are built,  is $36 to $38 million.  The
Trust supplied the first $16.1 million of the purchase  price and  developmental
equity and The  Ridgewood  Power  Growth  Fund (the  "Growth  Fund'),  a similar
investment  program  sponsored  by the  Managing  Shareholder,  will  supply the
remainder  of the  developmental  equity.  To the extent  that the  Growth  Fund
supplies capital, it will receive an undivided interest in the entire package of
operating and developmental projects.

In 1999, the Trust and the Growth  jointly formed a company to develop  electric
power and water purification  plants for resort hotels in Egypt. As of September
30, 1999, the trust and the Growth Fund had invested  approximately $4.5 million
in various projects under development and anticipate investing, at a minimum, an
additional  $6  million.  To the extent  that the Trust and Growth  Fund  supply
capital,  they receive an undivided  interest in the entire package  projects in
proportion to the capital supplied.

In  September  1999,  the  Trust and  Growth  Fund  made a joint  investment  of
$3,000,000 in Global Fiber Group ("GFG"),  which is in the process of developing
an  underwater  fiber optic cable in the Western  Mediterranean  (the "Med Fiber
Project"). The investment,  which was funded equally by the Trust and the Growth
Fund,  provides for a 25%  ownership  interest in GFG and the right to invest in
projects  developed  by GFG.  The Trust and the Growth Fund  anticipate  equally
funding an $18,000,000  joint  investment in the Med Fiber Project in the fourth
quarter of 1999.

Other  than  investments  of  available  cash  in  power  generation   Projects,
obligations of the Trust are generally  limited to payment of Project  operating
expenses, payment of a management fee to the Managing Shareholder,  payments for
certain  accounting  and legal  services to third persons and  distributions  to
shareholders  of  available   operating  cash  flow  generated  by  the  Trust's
investments.  The Trust's  policy is to distribute as much cash as is prudent to
shareholders.  Accordingly,  the Trust has not  found it  necessary  to retain a
material amount of working  capital.  The amount of working capital  retained is
further reduced by the availability of the line of credit facility.

The  Trust  anticipates  that,  during  1999,  its cash  flow  from  operations,
unexpended  offering  proceeds and line of credit  facility  will be adequate to
fund its obligations.

Year 2000 remediation

Please refer to the Trust's  disclosures  in its Annual  Report on Form 10-K for
the year ended  December  31, 1998,  at "Item 7 -  Management's  Discussion  and
Analysis," for a discussion of year 2000 issues  affecting the Trust. In October
1999, the Managing Shareholder completed its year 2000 remediation program after
having  successfully  tested  and  implemented  all  necessary  changes  to  its
software,   including  the  subscription/investor   relations  systems  and  all
subsystems  used for preparing  internal  reports.  Costs of remediation did not
materially exceed the estimated amounts.

The Trust's projects have been reviewed by an outside consultant or by personnel
from RPMCo, who determined that the project's  electronic  control systems other
than the Maine  Biomass  Projects do not contain  software  affected by the Year
2000  problem and do not contain  embedded  components  that  contain  Year 2000
flaws. The software and embedded components containing Year 2000 problems at the
Maine Biomass Projects have been replaced and the replacements  have been tested
and are Year 2000 compliant.

No other  material  changes  to the risks to the Trust  described  in its Annual
Report  on  Form  10-K  have  occurred.   The  reasonable  worst  case  scenario
anticipated by the Trust is that its electric generating facilities will be able
to  operate on and after  January 1, 2000 but that there may be some  short-term
inability  of their  customers  to pay  promptly.  In that  event,  the  Trust's
revenues could be materially reduced for a temporary period and it might have to
draw upon its credit line to fund operating  expenses until the utility makes up
any payment arrears.


<PAGE>


                           PART II - OTHER INFORMATION

Item 5. Other Information

Mr.  Swanson  has  transferred  54%  of the  equity  interest  in  the  Managing
Shareholder to family trusts.  He has sole dispositive and voting power over the
equity interest  transferred to each trust and  accordingly  continues to be the
beneficial  owner as defined in Rule 13d-3 of all of the equity  interest in the
Managing Shareholder.


<PAGE>


                                   SIGNATURES
Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                        RIDGEWOOD ELECTRIC POWER TRUST V
                                   Registrant

November 11, 1999                By /s/ Martin V. Quinn
Date                                Martin V. Quinn
                                    Senior Vice  President  and Chief  Financial
                                    Officer (signing on behalf of the Registrant
                                    and as principal financial officer)