FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

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

                For the quarterly period ended September 30, 2000

                         Commission file Number 0-25430

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

           Delaware                                     22-3324608
(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 IV

                        Consolidated Financial Statements

                               September 30, 2000


<PAGE>


Ridgewood Electric Power Trust IV
Consolidated Balance Sheet


                                                  September 30,    December 31,
                                                        2000           1999
                                                    -----------    ------------
Assets:                                             (unaudited)

Cash and cash equivalents ......................   $  1,121,063    $    893,383
Accounts receivable, trade .....................      1,279,045         613,002
Due from affiliates ............................        907,125         442,432
Other assets ...................................         74,237          60,863
                                                   ------------    ------------
 Total current assets ..........................      3,381,470       2,009,680
                                                   ------------    ------------
Investments:
Maine Hydro Projects ...........................      5,142,875       5,663,505
Maine Biomass Projects .........................      5,529,722       5,825,271
Santee River Rubber Project ....................           --         4,090,601
Electric power equipment held for resale .......        250,000         250,000

Plant and equipment ............................     16,824,198      16,789,544
Accumulated depreciation .......................     (3,691,680)     (2,957,855)
                                                   ------------    ------------
                                                     13,132,518      13,831,689
                                                   ------------    ------------

Electric power sales contract ..................      8,338,040       8,338,040
Accumulated amortization .......................     (2,474,843)     (2,057,950)
                                                   ------------    ------------
                                                      5,863,197       6,280,090
                                                   ------------    ------------

Spare parts inventory ..........................        838,142         838,142
Debt reserve fund ..............................        695,983         666,346
                                                   ------------    ------------
 Total assets ..................................   $ 34,833,907    $ 39,455,324
                                                   ------------    ------------

Liabilities and Shareholders' Equity:

Liabilities:
Current maturities of long-term debt ...........   $    770,302    $    716,995
Accounts payable and accrued expenses ..........      1,409,129         611,750
Due to affiliates ..............................        703,057         341,018
                                                   ------------    ------------
 Total current liabilities .....................      2,882,488       1,669,763

Long-term debt, less current portion ...........      2,894,884       3,479,460
Minority interest in the Providence Project ....      5,722,516       5,924,813

Commitments and contingencies

Shareholders' equity:
Shareholders' equity (476.8875
 investor shares issued
   and outstanding) ............................     23,505,746      28,502,542
Managing shareholder's accumulated deficit (1
   management share issued and outstanding) ....       (171,727)       (121,254)
                                                   -----------     ------------
 Total shareholders' equity ....................     23,334,019      28,381,288
                                                   ------------    ------------

 Total liabilities and shareholders' equity ....   $ 34,833,907    $ 39,455,324
                                                   ------------    ------------

          See accompanying notes to consolidated financial statements.


<PAGE>



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

                               Nine Months Ended        Three Months Ended
                           ------------------------  -------------------------
                                September 30,               September 30,
                               2000         1999        2000          1999
                           -----------  -----------  -----------   -----------

Net sales ..............   $ 5,580,374  $ 5,325,510  $ 1,935,826   $ 1,838,601
Sublease income ........       276,750      276,750       92,250        92,250
                           -----------  -----------  -----------   -----------
  Total revenues .......     5,857,124    5,602,260    2,028,076     1,930,851

Cost of sales ..........     4,445,050    4,608,550    1,353,363     1,522,499
                           -----------  -----------  -----------    -----------

Gross profit ...........     1,412,074      993,710      674,713       408,352

General and
 administrative expenses       656,070      518,634      164,822       162,405
Management fee .........       212,860      350,451         --         116,817
Writedown of Santee
 River Rubber Project ..     3,910,080         --      3,910,080          --
                           -----------  -----------  -----------   -----------
 Total other
  operating expenses ...     4,779,010      869,085    4,074,902       279,222
                           -----------  -----------  -----------   -----------

Income (loss)
 from operations .......    (3,366,936)     124,625   (3,400,189)      129,130
                           -----------  -----------  -----------   -----------
Other income (expense):
Interest income ........        72,267      142,450       31,775        96,874
Interest expense .......      (285,371)    (333,816)     (90,875)     (107,410)
Income from Maine
 Hydro Projects ........       279,370      459,874     (382,363)     (194,787)
(Loss) income from
 Santee River Rubber
 Project ...............      (180,521)     104,583         --          40,748
Loss from Maine Biomass
 Projects ..............      (295,549)    (666,216)    (125,453)     (255,719)
                           -----------  -----------  -----------   -----------
Net other income (loss)       (409,804)    (293,125)    (566,916)     (420,294)
                           -----------  -----------  -----------   -----------
Loss before
 minority interest .....    (3,776,740)    (168,500)  (3,967,105)     (291,164)

Minority interest in
 the earnings of the
 Providence Project ....      (288,911)    (144,443)    (180,409)      (60,991)
                           -----------  -----------  -----------   -----------
Net loss ...............   $(4,065,651) $  (312,943) $(4,147,514)  $  (352,155)
                           -----------  -----------  -----------   -----------








        See accompanying notes to the consolidated financial statements.






<PAGE>



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


                                           Managing
                          Shareholders    Shareholder       Total
                          ------------    ------------    ------------
Shareholders' equity,
 December 31, 1999 ....   $ 28,502,542    $   (121,254)   $ 28,381,288

Cash distributions ....       (971,802)         (9,816)       (981,618)

Net loss for the period     (4,024,994)        (40,657)     (4,065,651)
                          ------------    ------------    ------------
Shareholders' equity,
 September 30, 2000 ...   $ 23,505,746    $   (171,727)   $ 23,334,019
                          ------------    ------------    ------------














          See accompanying notes to consolidated financial statements.


<PAGE>

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

                                                      Nine Months Ended
                                                  --------------------------
                                                 September 30,   September 30,
                                                     2000            1999
                                                  -----------    -----------
Cash flows from operating activities:
Net loss ......................................   $(4,065,651)   $  (312,943)
                                                  -----------    -----------
Adjustments  to  reconcile  net  loss
 to net  cash  flows  from  operating
 activities:
 Depreciation and amortization ................     1,150,718      1,108,788
 Minority interest in earnings of the
  Providence Project ..........................       288,911        144,443
 Income from Maine Hydro Projects .............      (279,370)      (459,874)
 Loss from Maine Biomass Projects .............       295,549        666,216
 Loss (income) from Santee River
  Rubber Project ..............................       180,521       (104,583)
 Writedown of investment in Santee
  River Rubber Project ........................     3,910,080
 Changes in assets and liabilities:
  Increase in accounts receivable, trade ......      (666,043)      (552,408)
  (Increase) decrease in due from
   affiliates .................................      (464,693)       243,777
  Increase in other assets ....................       (13,374)       (80,380)
  Increase (decrease) in accounts
   payable and accrued expenses ...............       797,379       (116,063)
  Increase in due to affiliates ...............       362,039        253,439
                                                  -----------    -----------
  Total adjustments ...........................     5,561,717      1,103,355
                                                  -----------    -----------
  Net cash provided by operating
   activities .................................     1,496,066        790,412
                                                  -----------    -----------
Cash flows from investing activities:
 Loans to Maine Biomass Projects ..............          --         (225,000)
 Distributions from Maine Hydro Projects ......       800,000        400,000
 Distributions from Santee River Rubber Project          --          341,428
 Capital expenditures .........................       (34,654)      (402,077)
                                                  -----------    -----------
  Net cash provided by investing activities ...       765,346        114,351
                                                  -----------    -----------
Cash flows from financing activities:
Borrowings under line of credit facility ......       500,000           --
Repayments of credit facility .................      (500,000)          --
Cash distributions to shareholders ............      (981,618)    (1,397,039)
Payments to reduce long-term debt .............      (531,269)      (482,824)
Increase in debt reserve fund .................       (29,637)       (20,879)
Distribution to minority interest .............      (491,208)      (358,497)
                                                  -----------    -----------
Net cash used in financing activities .........    (2,033,732)    (2,259,239)
                                                  -----------    -----------

Net increase (decrease) in cash and
 cash equivalents .............................       227,680     (1,354,476)

Cash and cash equivalents, beginning of year ..       893,383      2,021,168
                                                  -----------    -----------
Cash and cash equivalents, end of period ......   $ 1,121,063    $   666,692
                                                  -----------    -----------


           See accompanying notes to consolidated financial statements




<PAGE>


Ridgewood Electric Power Trust IV
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 fair  presentation  of the results  for the interim  periods.
Additional footnote disclosure  concerning accounting policies and other matters
are  disclosed  in  Ridgewood  Electric  Power Trust IV's  financial  statements
included  in the 1999  Annual  Report  on Form  10-K,  which  should  be read in
conjunction  with these  financial  statements.  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. Writedown of investment in Santee River Rubber Company

As previously  disclosed in the Trust's Annual Reports on Form 10-K and its most
recent  Quarterly  Report  on Form  10-Q,  dated  August  14,  2000,  the  Trust
beneficially  owns a 33%  preferred  membership  interest in Santee River Rubber
Company,  LLC ("Santee  River"),  a South Carolina  limited  liability  company.
Santee River has  constructed  a used tire  recycling  plant located in Berkeley
County,  South Carolina,  financed with $32 million of industrial revenue bonds.
During the third  quarter of 2000,  Ridgewood  Power (on behalf of the Trust and
Trust V),  Environmental  Processing  Services,  Inc. (the manager of the Santee
River  Project)  and the  holders  of the  Project's  industrial  revenue  bonds
attempted to negotiate a change in management  and to refinance the Santee River
Project.  The  negotiations  failed and on October 26, 2000 Santee  River Rubber
Company  filed for Chapter 11 bankruptcy  in the U.S.  District  Court for South
Carolina.  On November 2, 2000, the U.S. Bankruptcy Court ordered that a trustee
in  bankruptcy  be  appointed to manage  Santee  River.  As a result,  the Trust
determined  that it would be unlikely to recover its  investment in Santee River
Rubber Company. As a result, the Trust recorded a writedown of $3,910,080 in the
third  quarter of 2000 to reduce the estimated  fair value of the  investment to
zero.


3. 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,
                                                 2000                  1999
                                                 ----                  ----
       Total revenue                        $ 3,082,000            $ 3,195,000
       Depreciation and amortization            841,000                829,000
       Net income                               559,000                920,000

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,
                                                2000                  1999
                                                ----                  ----
       Total revenue                        $ 1,838,000              $ 925,000
       Depreciation and amortization            177,000                136,000
       Net loss                                (591,000)            (1,332,000)

Summary  results of  operations  for the Santee River Rubber  Project,  which is
accounted for under the equity method,  were as follows.  Information for Santee
River  Rubber for 2000 is only  through  June 30,  2000  because  third  quarter
information is not available. See note 2 above.

                                               Nine Months Ended September 30,
                                                 2000                     1999
       Total revenue                    $       601,000           $        ---
       Depreciation and amortization               ---                     ---
       Net loss                              (2,166,000)             (1,080,000)


<PAGE>


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

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

Introduction

The consolidated  financial statements include the accounts of the Trust and the
limited  partnerships  owning the Providence  Project and the California Pumping
project.  The Trust uses the equity method of accounting for its  investments in
the Maine Hydro Projects, the Maine Biomass Projects and the Santee River Rubber
Project, which are owned 50% or less by the Trust.

Results of Operations

In the third quarter of 2000, the Trust had total revenue of  $2,028,000,  which
is comparable with total revenue of $1,931,000 in the same period in 1999. Total
revenues for the first nine months of 2000 of  $5,857,000  were also  comparable
with total revenue of  $5,602,000  in the same period in 1999.  Cost of sales of
$1,353,000 in the third quarter of 2000  ($4,445,000 in the first nine months of
2000)  were also  comparable  with the cost of sales of  $1,522,000  in the same
period in 1999  ($4,609,000  in the first nine  months of 1999).  Overall  gross
margin in the first nine months of 2000 is improved due to lower maintenance and
repair costs mainly at the Providence Project.

General and administrative expenses in the third quarter of 2000, and first nine
months of 2000 were essentially even with the same periods in 1999. As discussed
in Note 2 to the September 30, 2000 financial  statements,  the Trust recorded a
writedown of $3,910,000 for the investment in the Santee River Rubber Company.

Interest  income was reduced from $97,000 in the third quarter of 1999 ($142,000
for the first  nine  months of 1999) to  $32,000  in the third  quarter  of 2000
($72,000 for the first nine months of 2000) due lower cash balances in 2000.

Interest  expense  was  reduced  from  $107,000  in the  third  quarter  of 1999
($334,000  for the first nine months of 1999) to $91,000 in the third quarter of
2000  ($285,000  for the first  nine  months  of 2000)  due to lower  borrowings
outstanding at the Providence Project.

Equity income from the Maine Hydro Projects for the first nine months of 2000 of
$279,000  was lower  compared to  $460,000  in the same period of 1999,  and the
equity loss in the third  quarter of 2000 of $382,000 was  substantially  higher
than the third  quarter 1999 loss of $195,000.  Decreased  overall  revenues and
higher maintenance and labor costs attributed to the shortfall.

The  equity  loss from the  shut-down  Maine  Biomass  Projects  decreased  from
$256,000  in the third  quarter of 1999  ($666,000  for the first nine months of
1999) to  $125,000  in the third  quarter of 2000  ($295,000  for the first nine
months of 2000) due to higher energy revenues and reduced maintenance costs.

The Trust  recorded a loss of  $181,000  from its equity  interest in the Santee
River  Rubber  Project for the first nine months of 2000,  compared to income in
1999 of $105,000.  As previously  stated in Note 2 of the September 30 financial
statements,  the Trust  recorded a writedown of  $3,910,000  in the Santee River
Rubber Company.

The increase in the minority interest in the earnings of the Providence  Project
from $61,000 in the third quarter of 1999 ($144,000 for the first nine months of
1999) to  $180,000  in the third  quarter of 2000  ($289,000  for the first nine
months of 2000) is a result  of  higher  earnings  from the  Providence  Project
caused primarily by lower maintenance costs.


<PAGE>




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.  In the first quarter of 2000,  the Trust
borrowed  $500,000  under the  credit  facility,  which was  repaid in the third
quarter of 2000.

The Managing Shareholder announced a cessation of distributions in April 2000.

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,  repayment of borrowings
under  the  line of  credit  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 2000, its cash flow from operations and the
line of credit facility will be adequate to fund its obligations.


<PAGE>


Forward-looking statement advisory

This Quarterly  Report on Form 10-Q, as with some other  statements  made by the
Trust from time to time, contains forward-looking  statements.  These statements
discuss business trends and other matters relating to the Trust's future results
and the  business  climate and are found,  among other  places,  in the notes to
financial  statements  and at  Part  I,  Item  2,  Management's  Discussion  and
Analysis.  In  order  to  make  these  statements,  the  Trust  has  had to make
assumptions  as to the future.  It has also had to make  estimates in some cases
about events that have already  happened,  and to rely on data that may be found
to be inaccurate at a later time. Because these  forward-looking  statements are
based on assumptions,  estimates and changeable data, and because any attempt to
predict the future is subject to other errors,  what happens to the Trust in the
future may be materially different from the Trust's statements here.

The Trust  therefore warns readers of this document that they should not rely on
these  forward-looking  statements  without  considering  all of the things that
could make them  inaccurate.  The Trust's other filings with the  Securities and
Exchange  Commission and its Confidential  Memorandum discuss many (but not all)
of  the  risks  and  uncertainties  that  might  affect  these   forward-looking
statements.

Some of these are changes in political and economic conditions, federal or state
regulatory  structures,  government  taxation,  spending and budgetary policies,
government  mandates,  demand for electricity and thermal energy, the ability of
customers  to pay for  energy  received,  supplies  of fuel and prices of fuels,
operational status of plant,  mechanical  breakdowns,  availability of labor and
the  willingness  of  electric  utilities  to perform  existing  power  purchase
agreements in good faith.  Some of the  cautionary  factors that readers  should
consider are described in the Trust's most recent Annual Report on Form 10-K.

By making these statements now, the Trust is not making any commitment to revise
these forward-looking statements to reflect events that happen after the date of
this document or to reflect unanticipated future events.





<PAGE>



                           PART II - OTHER INFORMATION

     Item 1. Legal Proceedings

     Indeck Maine

     On June 2, 2000,  Indeck Maine  Energy LLC, the owner of the Maine  Biomass
     Projects,   brought  a  complaint  before  the  Federal  Energy  Regulatory
     Commission  (Docket  No.   EL00-80-000)   requesting  FERC  to  remove  bid
     restrictions  imposed on Indeck by ISO-New  England,  Inc., the operator of
     the New England Power Pool.  Those  restrictions  capped the price that the
     ISO would pay for Indeck's electric power output at approximately  $810 per
     megawatt-hour,  substantially  less than  Indeck's own bids.  The complaint
     also challenged the ISO's authority to impose those  restrictions.  On July
     26, 2000 FERC  ordered the ISO "to remove the bid  restrictions  previously
     imposed on Indeck."  FERC found that the ISO had not  provided any evidence
     to support its conclusion  that the Indeck power bids  materially  affected
     the markets.  That  conclusion  was a necessary  condition for imposing the
     restrictions.

     Because of their cost structure,  the Maine Biomass Projects  currently run
     only during power  shortages in the summer and  occasionally at other times
     when transmission constraints or local problems require their use. Thus the
     lifting of the bid restrictions will not result in revenue increases unless
     a power shortage or similar situation occurs in the future.  The Trust does
     not  expect any such  situation  to occur  during  the rest of 2000,
     although the weather in particular is unpredictable.

     The FERC order does not  expressly  lift the bid  restrictions  for earlier
     dates in 2000 and certain dates in 1999 on which the Projects sold power to
     the ISO and there is some  language  in the order that could be read to say
     that FERC did not invalidate the prior bid restrictions. The Trust believes
     that the order  clearly  rejected the reasons  given by the ISO for capping
     Indeck's  prices  on most of those  dates  and also  discredited  the ISO's
     decision to impose caps retroactively for the 1999 dates. The Trust intends
     to bring additional complaints at FERC to clarify the order, to rescind the
     price caps for those  prior dates on which the  Projects  sold power and to
     recover  additional  compensation  for those sales based on the prices that
     Indeck had  submitted.  Until such  proceedings  are resolved  favorably to
     Indeck or unless a settlement with the ISO results,  the Trust will receive
     no additional revenue from the ISO for those prior dates.

     Indeck filed a Motion for  Clarification,  or  Alternatively,  Rehearing
     before FERC,  requesting that FERC confirm that the ISO's May 2000 price
     caps were void and that Indeck is entitled to payment for those days.

     In  addition,  the ISO has  escrowed  approximately  $287,000  of  Indeck's
     revenues,  based on the ISO's  assertion that an overpayment was made for a
     price-capped  event  in  October  1999.  The  Trust  expects  to  bring  an
     additional  proceeding  in the  appropriate  forum to recover the  escrowed
     amount and to invalidate the caps.

     Indeck took action to recover  payment for its  operations at ISO-NE's
     request during October 1999 which were not addressed in the FERC order.  On
     October 24, 2000,  Indeck  filed a complaint  in the Superior  Court of the
     State of Delaware against the IS0-New England, Inc. to recover from the ISO
     up to $27 million for electric power supplied to ISO-NE in October 1999 and
     for other costs incurred. No answer has yet been filed.

     Santee River Rubber Company

     As disclosed at Note 2 to the Consolidated Financial Statements,  a Chapter
     11 voluntary bankruptcy  proceeding against Santee River Rubber Company was
     brought in the U.S.  Bankruptcy Court for the District of South Carolina at
     Charleston on October 25, 2000. Currently, only Santee River Rubber Company
     is a party to the proceedings. Santee River Rubber Company is insolvent and
     requires   reorganization  and  additional  capital  if  it  is  to  resume
     operation.


<PAGE>

     Other

     On  September  8, 2000,  the Trust was named,  along with the Managing
     Shareholder,  in a lawsuit filed in the Maryland  Circuit Court,  Baltimore
     County,  claiming  that  the  Trust  is  responsible  for  alleged  written
     misrepresentations  made to the Trust and to other unaffiliated  issuers by
     the  investor's  broker-dealer  and  registered  representative.  The total
     amount invested in the Trust by the plaintiff is $25,000.



<PAGE>


     Item 6. Exhibits and Reports on Form 8-K

(a)      Exhibits
         ---------

                  None

(b)       Reports on Form 8-K
         1) A  current  report  on Form 8-K was filed  with the  Securities  and
         Exchange  Commission on October 31, 2000 in connection  with the Santee
         River Rubber Company  ("Santee  River") filing a petition in bankruptcy
         in the  United  States  Bankruptcy  Court  for the  District  of  South
         Carolina on October 26, 2000.





<PAGE>







                                   SIGNATURES

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




                        RIDGEWOOD ELECTRIC POWER TRUST IV
                                     Registrant


November 13, 2000               By /s/ Christopher I. Naunton
Date                            Christopher I. Naunton
                                Vice President and
                                Chief Financial Officer
                                (signing on behalf of the
                                Registrant and as
                                principal financial
                                officer)