# PUERTO RICO Incentives/Policies for Renewables & Efficiency The U.S. Department of Energy and the North CarolinaClean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current versi on, including expanded d accessibility and an array of new tools for site users. Th e new DSIRE site will be available in December 2014. Staff are currently working on the new version of DSIRE but are also maintaining t he content of the current version of DSIRE. Thank youfor your continued support patience during this transition. We hope you are as excited for December as we are! The U.S. Department of Energy and the North Carol Solar Center are excited to announce that a new, mode rnized DSIRE is under construction. The new version of DSIRE will offer significan improvements over the current version, including expanded data accessibility and an array of new tools for site user s. The new DSIRE sit be available in the summer of 2014. Staff are current ly working hard on the new DSIRE and are unfortunate ly only able to make minimal updates to the DSIRE website at this time. We apologize for any inconvenience and thank you for using DSIRE.

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## Puerto Rico - Renewable Energy Portfolio Standard

Last DSIRE Review: 08/27/2014 Program Overview:
State: Puerto Rico Incentive Type: Renewables Portfolio Standard Eligible Renewable/Other

Technologies: Photovoltaics, Landfill Gas, Wind, Biomass, Hydroel ectric, Geothermal

Electric, Fuel Cells, Municipal Solid Waste, Hydrok inetic, Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Ocean Thermal, Renewable Fuels, Fuel Cells using Renewabl e Fuels Applicable Sectors: Utility

Standard: 20% by 2035 Credit Trading: Yes Web Site: http://www.prgef.com/RenewablePlatform.aspx Authority 1: Date Enacted: Date Effective: S1519 (2010) Act No. 82

07/19/2010 07/19/2010 

### Puerto Rico Puerto Rico - Renewable Energy Portfoli o Standard http://www.dsireusa.org/incentives/incentive.cfm?In centive_Code=PR0...

1 of 3 9/15/2014 3:26 PMAuthority 2: Date Enacted: Date Effective: C2610 (2010) Act No. 83

07/19/2010 07/01/2011 Summary:

Note: Compliance for this standard does not begin u ntil 2015. Additional rules and regulations are needed to implement this law; this record will be u pdated periodically as the rules are developed. Eligible Technologies It requires the Autoridad de Energía Eléctrica de P uerto Rico (Puerto Rico Electric Power Authority or PREPA)* to supply 20% of retail electricity sales from eligibl e "green energy" resources by 2035. Green energy re sources fall into two categories. The first category is "Sustain able Renewable Energy" which includes solar, wind, geothermal, renewable biomass, qualified hydroelectric energy, marine and hydrokinetic, ocean thermal, and any oth er "clean o renewable energy" as defined by the Commonwealth En ergy Public Policy Office via future regulation. Th e second category is "Alternative Renewable Energy," which i ncludes energy derived from municipal solid waste ( MSW), lan gas, anaerobic digestion, fuel cells, and any other "alternative energy" as defined by the Commonwealt h Energy Public Policy Office via future regulation. Renewab le biomass, qualified hydroelectric, and MSW are fu rther define the law. The different categories were created with the potential federal renewable energy standard in mind; the "sustainable renewable energy resources" would qual ify under Puerto Rico's standard and also a potenti al, future federal standard; whereas the "alternative renewabl e energy" resources would only qualify for Puerto R ico's standa Requirements In July 2010, Puerto Rico enacted the island's firs t Renewable Energy Portfolio Standard in an effort to spur renewable energy development as well as reduce Puerto Rico's dependence on imported foreign oil (Puert o Rico relies heavily on oil to generate electricity. Appr oximately 70% of its electricity is produced this way). Targets:
2015 - 2019: 12.0% 2020 - 2027: 15.0% 2028 - 2034: Interim targets to be determined; PREP A is to develop a plan to ramp up from 15% to the u ltima of 20% during this time period. 2035: 20.0% Renewable Energy Credits PREPA must show compliance with the RPS through pro curement of renewable energy credits (RECs).** One RE is equivalent to one megawatt-hour (MWh) of electri city derived from a green energy source. RECs may b e banked starting in 2013 for the 2015 compliance year. RECs may be banked for two years in addition to vintage year, although the REC loses half its value if it is banked for use in year 2. Puerto Rico will be using the Renewables Registry (TM) for REC tracking. The newly created Commonwealth Energy Public Policy Office will be responsible for overseeing RPS implementation. The Renewable Energy Commission in this office is to be made up of seven members and w ill ha authority to promulgate rules, issue orders and cla rify policies as needed. Note: On May 27, 2014 Act 57 was passed and require s PREPA to create a RELIEF plan.

* The law applies to all retail electric providers o f 50,000 MWh or more per year. However, PREPA is th e only retail electric provider in Puerto Rico that curren tly meets that definition. **PREPA may also report on the amount of renewable energy purchased through net metering or power purc ha agreements to demonstrate partial compliance. 

### Puerto Rico Puerto Rico - Renewable Energy Portfoli o Standard http://www.dsireusa.org/incentives/incentive.cfm?In centive_Code=PR0...

2 of 3 9/15/2014 3:26 PMContact: General Info EAA Energy Affairs Administration P.O. Box 41314 San Juan, PR 00940 Phone: (787) 332-0914 Fax: (787) 721-3089 Web Site: http://www.aaepr.net/

Disclaimer: The information presented on the DSIRE web site pr ovides an unofficial overview of financial incentiv es and other po does not constitute professional tax advice or othe r professional financial guidance, and it should no t be used as the only source information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreemen refer to the individual contact provided below each summary to verify that a specific financial incent ive or other policy applies to y project. While the DSIRE staff strives to provide the best i nformation possible, the DSIRE staff, the N.C. Sola r Center, N.C. State Universi Interstate Renewable Energy Council, Inc. make no r epresentations or warranties, either express or imp lied, concerning the accu completeness, reliability or suitability of the inf ormation. The DSIRE staff, the N.C. Solar Center, N .C. State University and the Int Renewable Energy Council, Inc. disclaim all liabili ty of any kind arising out of your use or misuse of the information contained or on DSIRE Web pages. 

### Copyright 2013 - 2014 North Carolina State University , under NREL Subcontract No. XEU-0-99515-01. Permissi on granted only for pers or educational use, or for use by or on behalf of the U .S. government. North Carolina State University prohib its the unauthorized displa reproduction, sale, and/or distribution of all or port ions of the content of the Database of State Incenti ves for Renewables and Efficien (DSIRE) without prior, written consent. Puerto Rico Puerto Rico - Renewable Energy Portfoli o Standard http://www.dsireusa.org/incentives/incentive.cfm?In centive_Code=PR0...

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