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 March 31, 2003

                         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)

 (302) 888-7444 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

                                 March 31, 2003


<PAGE>


Ridgewood Electric Power Trust IV
Consolidated Balance Sheets (unaudited)
-------------------------------------------------------------------------------

                                                     March 31,     December 31,
                                                       2003            2002
                                                   ------------    ------------
Assets:
Cash and cash equivalents ......................   $      8,762    $     54,637
Accounts receivable, trade .....................      1,233,548       1,268,293
Due from affiliates ............................        507,899         267,586
Insurance claim receivable .....................           --           258,900
Other assets ...................................         95,821          90,285
                                                   ------------    ------------
                Total current assets ...........      1,846,030       1,939,701

Investments:
Maine Hydro Projects ...........................      4,347,767       4,405,278
Maine Biomass Projects .........................      3,725,458       3,896,576

Plant and equipment ............................     16,939,368      16,939,368
Accumulated depreciation .......................     (5,845,435)     (5,634,801)
                                                   ------------    ------------
                                                     11,093,933      11,304,567
                                                   ------------    ------------

Electric power sales contract ..................      8,338,040       8,338,040
Accumulated amortization .......................     (3,864,503)     (3,725,557)
                                                   ------------    ------------
                                                      4,473,537       4,612,483
                                                   ------------    ------------

Spare parts inventory ..........................        724,615         724,615
Restricted cash ................................        851,311         749,821
                                                   ------------    ------------

        Total assets ...........................   $ 27,062,651    $ 27,633,041
                                                   ------------    ------------

Liabilities and Shareholders' Equity:
Liabilities:
Current maturities of long-term debt ...........   $    978,311    $    955,202
Accounts payable and accrued expenses ..........        322,880         346,389
Due to affiliates ..............................        541,175         787,492
                                                   ------------    ------------
      Total current liabilities ................      1,842,366       2,089,083

Long-term debt, less current portion ...........        613,807         867,223
Minority interest in the Providence Project ....      5,929,525       5,717,184

Commitments and contingencies

Shareholders' Equity:
Shareholders' equity (476.8875 investor shares
 issued and outstanding) .......................     18,895,250      19,175,022
Managing shareholder's accumulated deficit
 (1 management share issued and outstanding) ...       (218,297)       (215,471)
                                                   ------------    ------------
      Total shareholders' equity ...............     18,676,953      18,959,551
                                                   ------------    ------------

      Total liabilities and shareholders' equity   $ 27,062,651    $ 27,633,041
                                                   ------------    ------------


     See accompanying notes to consolidated financial statements.


<PAGE>



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

                                                    Three Months Ended
                                                 --------------------------
                                                  March 31,      March 31,
                                                    2003           2002
                                                 -----------    -----------

Net sales ....................................   $ 2,234,518    $ 1,840,674
Sublease income ..............................       138,441        136,749
                                                 -----------    -----------
               Total revenue .................     2,372,959      1,977,423

Cost of sales, including depreciation
 and amortization of $349,580 in 2003 and 2002     1,598,370      1,704,984
                                                 -----------    -----------

Gross profit .................................       774,589        272,439

General and administrative expenses ..........       190,150        207,945
Management fee ...............................       142,017        156,116
                                                 -----------    -----------
               Total other operating expenses        332,167        364,061
                                                 -----------    -----------

Income (loss) from operations ................       442,422        (91,622)
                                                 -----------    -----------

Other income (expense):
      Interest income ........................         2,096          8,152
      Interest expense .......................       (41,906)       (66,408)
      Other (expense) income, net ............        (3,433)       116,991
      (Loss) income from Maine Hydro Projects        (57,511)        18,243
      Loss from Maine Biomass Projects .......      (171,117)      (380,885)
                                                 -----------    -----------
               Net other expense .............      (271,871)      (303,907)
                                                 -----------    -----------

Income (loss) before minority interest .......       170,551       (395,529)

Minority interest in the earnings of the
      Providence Project .....................      (212,341)        (5,568)
                                                 -----------    -----------

Net loss .....................................   $   (41,790)   $  (401,097)
                                                 -----------    -----------















    See accompanying notes to the consolidated financial statements.


<PAGE>



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


                                            Managing
                          Shareholders     Shareholder       Total
                          ------------    -------------   ------------
Shareholders' equity,
 December 31, 2002 ....   $ 19,175,022    $   (215,471)   $ 18,959,551

Cash distributions ....       (238,400)         (2,408)       (240,808)

Net loss for the period        (41,372)           (418)        (41,790)
                          ------------    ------------    ------------

Shareholders' equity,
 March 31, 2003 .......   $ 18,895,250    $   (218,297)   $ 18,676,953
                          ------------    ------------    ------------



































     See accompanying notes to consolidated financial statements.


<PAGE>



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

                                                         Three Months Ended
                                                     --------------------------
                                                      March 31,      March 31,
                                                        2003           2002
                                                     -----------    -----------
Cash flows from operating activities:
     Net loss ....................................   $   (41,790)   $  (401,097)
                                                     -----------    -----------
     Adjustments to reconcile net loss to
      net cash flows from operating
      activities:
      Depreciation and amortization ..............       349,580        349,580
      Minority interest in earnings of
       the Providence Project ....................       212,341          5,568
      Loss (income) from unconsolidated
       Maine Hydro Projects ......................        57,511        (18,243)
      Loss from unconsolidated Maine
       Biomass Projects ..........................       171,117        380,885
      Changes in assets and liabilities:
         Decrease (increase) in accounts
          receivable, trade ......................        34,745        (22,818)
         Decrease in insurance claim receivable ..       258,900           --
         (Increase) decrease in other assets .....        (5,536)           837
         Decrease in accounts payable and
          accrued expenses .......................       (23,509)       (75,731)
         Increase in due to/from affiliates, net .       (54,178)       (10,816)
                                                     -----------    -----------
                  Total adjustments ..............     1,000,971        608,764
                                                     -----------    -----------
         Net cash provided by operating activities       959,181        207,667
                                                     -----------    -----------

Cash flows from investing activities:
     Capital expenditures ........................          --          (32,045)
     Investment in Maine Biomass Projects ........          --         (325,000)
                                                     -----------    -----------
         Net cash used in investing activities ...          --         (357,045)
                                                     -----------    -----------

Cash flows from financing activities:
     Borrowings under line of credit .............          --          800,000
      Short term advances to affiliates ..........      (432,451)      (848,013)
     Payments to reduce long-term debt ...........      (230,307)      (209,307)
     Increase in restricted cash .................      (101,490)        (2,230)
     Cash distributions to shareholders ..........      (240,808)          --
                                                     -----------    -----------
         Net cash used in financing activities ...    (1,005,056)      (259,550)
                                                     -----------    -----------

Net decrease in cash and cash equivalents ........       (45,875)      (408,430)

Cash and cash equivalents, beginning of period ...        54,637      1,050,638
                                                     -----------    -----------

Cash and cash equivalents, end of period .........   $     8,762    $   642,208
                                                     -----------    -----------






      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 consolidated 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  consolidated
financial  statements  included  in the 2002 Annual  Report on Form 10-K,  which
should be read in conjunction with these consolidated financial statements.

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. 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:

                                        Three Months Ended March 31,
                                         2003                 2002
                                         ----                 ----
               Revenue                $ 763,000            $790,000
               Operating expense        877,000             754,000
               Net income (loss)       (114,000)             36,000


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

                                      Three Months Ended March 31,
                                        2003                2002
                                        ----                ----
               Revenue               $2,182,000        $ 1,766,000
               Cost of sales          2,247,000          2,289,000
               Other expense            277,000            239,000
               Net loss                (342,000)          (762,000)


3.  New Accounting Standards and Disclosures

SFAS 142
In June 2001, the FASB issued SFAS 142,  Goodwill and Other  Intangible  Assets,
which  eliminates the  amortization  of goodwill and other  acquired  intangible
assets  with  indefinite  economic  useful  lives.  SFAS 142  requires an annual
impairment test of goodwill and other intangible  assets that are not subject to
amortization. Other intangible assets with definite economic lives will continue
to be amortized  over their useful  lives.  The Trust adopted SFAS 142 effective
January  1,  2002,  with  no  material  impact  on  the  consolidated  financial
statements.

SFAS 143
In June  2001,  the FASB  issued  SFAS  143,  Accounting  for  Asset  Retirement
Obligations, on the accounting for obligations associated with the retirement of
long-lived  assets.  SFAS 143  requires  a  liability  to be  recognized  in the
consolidated  financial  statements for retirement  obligations meeting specific
criteria.  Measurement of the initial  obligation is to approximate  fair value,
with  an  equivalent  amount  recorded  as an  increase  in  the  value  of  the
capitalized  asset.  The asset will be  depreciated  in  accordance  with normal
depreciation  policy and the  liability  will be increased for the time value of
money, with a charge to the income  statement,  until the obligation is settled.
SFAS 143 is effective for fiscal years  beginning after June 15, 2002. The Trust
adopted  SFAS 143  effective  January 1, 2003,  with no  material  impact on the
consolidated financial statements.

SFAS 144
In August  2001,  the FASB issued SFAS 144,  Accounting  for the  Impairment  or
Disposal of  Long-Lived  Assets,  which  replaces SFAS 121,  Accounting  for the
Impairment of Long-lived Assets and for Long-Lived Assets to Be Disposed Of. For
long-lived assets to be held and used, SFAS 144 retains the requirements of SFAS
121 to (a)  recognize  an  impairment  loss only if the  carrying  amount is not
recoverable from  undiscounted  cash flows and (b) measure an impairment loss as
the  difference  between the  carrying  amount and fair value of the asset.  For
long-lived  assets to be disposed of, SFAS 144  establishes a single  accounting
model based on the framework  established in SFAS 121. The accounting  model for
long-lived  assets to be disposed of by sale applies to all  long-lived  assets,
including discontinued operations and replaces the provisions of APB Opinion No.
30, Reporting the Results of Operations - Reporting the Effects of Disposal of a
Segment of a Business,  and  Extraordinary,  Unusual and Infrequently  Occurring
Events and  Transactions,  for the disposal of segments of a business.  SFAS 144
also broadens the reporting of discontinued  operations.  The Trust adopted SFAS
144  effective  January 1, 2002,  with no  material  impact on the  consolidated
financial statements.

SFAS 145
In April 2002, the FASB issued SFAS No. 145,  Rescission of FASB  Statements No.
4, 44, and 64,  Amendment of FASB  Statement No. 13, and  Technical  Correction.
SFAS No. 145 eliminates extraordinary accounting treatment for reporting gain or
loss  on  debt   extinguishment,   and  amends  other   existing   authoritative
pronouncements  to make various  technical  corrections,  clarify  meanings,  or
describe their applicability  under changed  conditions.  The Trust adopted SFAS
145  effective  January 1, 2003,  with no  material  impact on the  consolidated
financial statements.

SFAS 146
In June 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated with
Exit or Disposal  Activities.  SFAS No. 146 requires  recording costs associated
with exit or disposal  activities at their fair values when a liability has been
incurred. The Trust adopted SFAS 146 effective January 1, 2003, with no material
impact on the consolidated financial statements.

FIN 45
In  November  2002,  the FASB  issued  FASB  Interpretation  No. 45 ("FIN  45"),
"Guarantor's  Accounting and Disclosure  Requirements for Guarantees,  Including
Indirect  Guarantees  and  Indebtedness  of Others."  FIN 45  elaborates  on the
disclosures  to be made by the  guarantor  in its interim  and annual  financial
statements about its obligations under certain guarantees that it has issued. It
also requires  that a guarantor  recognize,  at the inception of a guarantee,  a
liability  for the fair  value  of the  obligation  undertaken  in  issuing  the
guarantee.   The  initial   recognition  and  measurement   provisions  of  this
interpretation  are  applicable on a prospective  basis to guarantees  issued or
modified  after  December  31,  2002;  while the  provisions  of the  disclosure
requirements are effective for financial statements of interim or annual reports
ending after December 15, 2002.  The Trust adopted the disclosure  provisions of
FIN 45  during  the  fourth  quarter  of 2002  with no  material  impact  to the
consolidated financial statements.

FIN 46
In January 2003, the FASB issued FASB  Interpretation No. 46,  "Consolidation of
Variable  Interest  Entities" ("FIN 46") which changes the criteria by which one
company includes another entity in its consolidated financial statements. FIN 46
requires  a variable  interest  entity to be  consolidated  by a company if that
company is subject to a majority of the risk of loss from the variable  interest
entity's  activities or entitled to receive a majority of the entity's  residual
returns or both. The  consolidation  requirements of FIN 46 apply immediately to
variable  interest  entities  created after  January 31, 2003,  and apply in the
first  fiscal  period  beginning  after June 15,  2003,  for  variable  interest
entities  created prior to February 1, 2003.  The Trust  adopted the  disclosure
provisions  of FIN 46  effective  July 1, 2003,  with no material  impact to the
consolidated financial statements.

SFAS 150
In May 2003,  the FASB  issued SFAS No. 150,  Accounting  for Certain  Financial
Instruments with  Characteristics  of both Liabilities and Equity.  SFAS No. 150
establishes   standards  for   classifying  and  measuring   certain   financial
instruments  with  characteristics  of both  liabilities  and equity.  The Trust
adopted  SFAS  150  effective  July 1,  2003,  with no  material  impact  on the
consolidated financial statements.

4. Related Party Transactions

At March 31, 2003 and December 31, 2002, the Trust had outstanding payables and
receivables, with the following affiliates:


                                           Due To               Due From
                                    ---------------------  --------------------
                                    March 31, December 31, March 31,December 31,
                                       2003       2002       2003       2002
                                     --------   --------   --------   --------
Ridgewood Power Management LLC ...   $187,899   $242,077   $   --     $   --
Ridgewood Electric Power Trust III       --         --      406,895    266,895
Ridgewood Power ..................    334,981    324,981       --         --
Maine Hydro ......................       --      199,687     95,313       --
Maine Biomass ....................       --         --        5,691        691
Other affiliates .................     18,295     20,747       --         --

From time to time, the Trust records  short-term  payables and receivables  from
other  affiliates in the ordinary  course of business.  The amounts  payable and
receivable with the other affiliates do not bear interest.

5. Financial Information by Business Segment

The Trust's business  segments were determined based on similarities in economic
characteristics  and customer  base.  The Trust's  principal  business  segments
consist of wholesale and retail.

Common  services  shared by the business  segments are allocated on the basis of
identifiable  direct costs,  time records or in proportion to amount invested in
projects managed by Ridgewood Management.

The financial data for business segments are as follows:


                                              Wholesale
                             --------------------------------------------
                                For the Three Months Ended March 31,
                             --------------------------------------------
                                    2003                    2002
                             --------------------    --------------------

Revenue                              $2,286,533              $1,861,498
Depreciation and
  amortization                          335,358                 335,358
Operating income                        634,684                  70,833
Total assets                         18,899,965              19,148,991
Capital expenditures                         --                  32,045


                                                 Retail
                             ---------------------------------------------
                                 For the Three Months Ended March 31,
                             ---------------------------------------------
                                    2003                  2002
                             --------------------    ---------------

Revenue                                 $86,426           $115,925
Depreciation and
  amortization                           14,222             14,222
Operating income (loss)                (21,494)             20,169
Total assets                            348,961            433,825
Capital expenditures                         --                 --



                                               Corporate
                             ---------------------------------------------
                                 For the Three Months Ended March 31,
                             ---------------------------------------------
                                    2003                  2002
                             --------------------    ---------------

Revenue                                $     --           $     --
Depreciation and
  amortization                               --                 --
Operating loss                         (170,768)          (182,624)
Total assets                          7,813,725         10,375,967
Capital expenditures                         --                 --


                                                 Total
                             ---------------------------------------------
                                 For the Three Months Ended March 31,
                             ---------------------------------------------
                                    2003                  2002
                             --------------------    ---------------

Revenue                              $2,372,959         $1,977,423
Depreciation and
  amortization                          349,580            349,580
Operating income (loss)                 442,422            (91,622)
Total assets                         27,062,651         29,958,753
Capital expenditures                         --             32,045






<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 and the Maine Biomass Projects,  which are owned 50% or
less by the Trust.

Critical Accounting Policies and Estimates

For a complete discussion of critical accounting policies, refer to "Significant
Accounting Policies" in Item 7 of the Trust's 2002 Form 10-K. There have been no
substantive changes to those policies and estimates. Results of Operations Total
revenue for the first quarter of 2003 was $2,373,000, compared to $1,977,000 for
the first quarter of 2002. The increase in revenue is primarily due to the lower
revenues  recorded in 2002 as a result of the  failure of one of the  Providence
Project's  engines.  In addition,  the Providence  Project  recorded the sale of
$337,000  for the transfer of renewable  energy  credits  produced in the fourth
quarter of 2002.

Gross profit increased  $502,000 to $775,000 for the first three months of 2003.
The increase is a result of the sale of renewable  energy  credits and the lower
maintenance  expenses recorded in the current year as compared to 2002, when the
Providence  Project  experienced costly engine repairs due to the failure of one
of its engines.

General and  administrative  expenses of $190,000 for the first  quarter of 2003
was  comparable to the prior year. The management fee decreased from $156,000 in
the first  quarter of 2002 to $142,000 in the same period in 2003 as a result of
the Trust's lower net asset balance.

Interest  expense was reduced by $24,000  from  $66,000 in the first  quarter of
2002 to $42,000 in the first quarter of 2003 due to lower borrowings outstanding
at the Providence Project.

Other income of $117,000 in the first quarter of 2002 decreased by $120,000,  to
an expense of $3,000 in the first quarter of 2003  primarily due to the proceeds
received from the sale of obsolete equipment from the California Pumping project
in the first quarter of 2002.

Equity  income  from the Maine  Hydro  Projects  decreased  $76,000 to a loss of
$58,000 for the first three  months of 2003.  The  decrease is due to the higher
insurance premiums and maintenance costs incurred in the first quarter of 2003.

The equity loss from the Maine Biomass  Projects  decreased from $381,000 in the
first  quarter of 2002 to $171,000 in the same period in 2003.  The  decrease in
the equity loss in the Maine Biomass  Projects is primarily  attributable to the
increase in revenue  derived  from the  transfer  of  renewable  energy  credits
produced in the fourth quarter of 2002.



Liquidity and Capital Resources

Cash provided by operating  activities for the three months ended March 31, 2003
was  $959,000 as compared to $208,000 for the three months ended March 31, 2002.
The increase in cash flow from  operating  activities is primarily the result of
the decrease in net loss and the proceeds on an insurance claim.

Cash used in  investing  activities  was zero for the first  quarter  of 2003 as
compared to $357,000 in the first quarter of 2002. The decrease in cash usage is
primarily  due to the Trust making a $325,000  investment  in the Maine  Biomass
Projects in 2002.

Cash  used in  financing  activities  for the  first  three  months  of 2003 was
$1,005,000  as  compared to $260,000  for the first  three  months of 2002.  The
decrease in 2003 cash flow from financing  activities is due to the Trust making
distributions to shareholders in the current year, offset by the Trust borrowing
under its line of credit in 2002.

On June 26, 2003, Ridgewood Renewable Power LLC, the Managing Shareholder of the
Trust,  entered into a $5,000,0000  Revolving Credit and Security Agreement with
Wachovia  Bank,  National   Association.   The  agreement  allows  the  Managing
Shareholder  to obtain loans and letters of credit for the benefit of the trusts
and funds that it manages.  The  agreement  expires on June 30, 2004. As part of
the  agreement,  the  Trust  agreed  to  limitations  on its  ability  to  incur
indebtedness and liens and make guarantees.

The Trust has historically  financed its operations from cash generated from its
subsidiaries  operations.  Obligations  of the Trust are  generally  limited  to
payment of the management fee to the Managing  Shareholder,  scheduled long-term
debt  payments  related  to  the  Providence  project  and  payment  of  certain
accounting  and  legal  services  to third  parties.  The  Trust  ceased  making
distributions  to  shareholders in the second quarter of 2000 but resumed making
distributions in the fourth quarter of 2002.

The Trust expects that its cash flows from operations, cash on hand and line of
credit will be sufficient to fund its obligations and any declared distributions
for the next twelve months.

Item 4. Controls and Procedures

Based on their  evaluation,  as of a date  within 90 days of the filing  date of
this Form 10-Q, the Trust's Chief Executive  Officer and Chief Financial Officer
have concluded that the Trust's  disclosure  controls and procedures (as defined
in Rules 13a-14(c) and 15d-14(c)  under the Securities  Exchange Act of 1934, as
amended)  are  effective.  There have been no  significant  changes in  internal
controls or in other  factors that could  significantly  affect  these  controls
subsequent to the date of their  evaluation,  including any  corrective  actions
with regard to significant deficiencies and material weaknesses.  Management has
identified  deficiencies  in  the  Trust's  ability  to  process  and  summarize
financial  information of certain individual  projects and equity investees on a
timely  basis.  Management  is  establishing  a  project  plan to  address  this
deficiency.

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

None.



<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 IV
                               Registrant


August 28, 2003                 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)




<PAGE>



                                  CERTIFICATION


I, Robert E. Swanson,  Chief Executive Officer of Ridgewood Electric Power Trust
IV ("registrant"), certify that:


1. I have reviewed this quarterly report on Form 10-Q of the registrant;


2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;


3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;


4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

    a) designed such disclosure controls and procedures to ensure that material
    information relating to the registrant, including its consolidated
    subsidiaries, is made known to us by others within those entities,
    particularly during the period in which this quarterly report is being
    prepared;

    b) evaluated the effectiveness of the registrant's disclosure controls and
    procedures as of a date within 90 days prior to the filing date of this
    quarterly report (the "Evaluation Date"); and

    c) presented in this quarterly report our conclusions about the
    effectiveness of the disclosure controls and procedures based on our
    evaluation as of the Evaluation Date;

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and senior management:

    a) all significant deficiencies in the design or operation of internal
    controls which could adversely affect the registrant's ability to record,
    process, summarize and report financial data and have identified for the
    registrant's auditors any material weaknesses in internal controls; and

    b) any fraud, whether or not material, that involves management or other
    employees who have a significant role in the registrant's internal controls;
    and

6. The registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date: August 28, 2003


/s/   Robert E. Swanson
------------------------
Robert E. Swanson
Chief Executive Officer

<PAGE>


                                  CERTIFICATION


I, Christopher I. Naunton,  Chief Financial Officer of Ridgewood  Electric Power
Trust IV ("registrant"), certify that:


1. I have reviewed this quarterly report on Form 10-Q of the registrant;


2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;


3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;


4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

    a) designed such disclosure controls and procedures to ensure that material
    information relating to the registrant, including its consolidated
    subsidiaries, is made known to us by others within those entities,
    particularly during the period in which this quarterly report is being
    prepared;

    b) evaluated the effectiveness of the registrant's disclosure controls and
    procedures as of a date within 90 days prior to the filing date of this
    quarterly report (the "Evaluation Date"); and

    c) presented in this quarterly report our conclusions about the
    effectiveness of the disclosure controls and procedures based on our
    evaluation as of the Evaluation Date;

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and senior management:

    a) all significant deficiencies in the design or operation of internal
    controls which could adversely affect the registrant's ability to record,
    process, summarize and report financial data and have identified for the
    registrant's auditors any material weaknesses in internal controls; and

    b) any fraud, whether or not material, that involves management or other
    employees who have a significant role in the registrant's internal controls;
    and

6. The registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date: August 28, 2003


/s/ Christopher I. Naunton
--------------------------
Christopher I. Naunton
Chief Financial Officer