Indiana Renewable Energy Webinar May 27th

Last summer, the Indiana Renewable Energy Association (InREA) sponsored a webinar on Feed-in Tariffs (FiT) including information about Indianapolis Power and Light's proposal for a FiT that was part of their Demand Side Management (DSM) plan pending before the Indiana Utility Regulatory Commission (IURC). IPL's DSM plan was approved and now you can hear about the details and learn how to sign-up for these new renewable energy incentives.

The details on this webinar are also posted at http://indianarenew.blogspot.com/2010/05/join-inrea-for-webinar-on-ipls-new.html

See http://indianadg.wordpress.com/2010/04/01/final-ipl-feed-in-tariff-effective-march-30-2010/

Even if you can't join us on May 27th, we hope to provide web access to this presentation later.

The presenters for this webinar include:

John Haselden, Secretary of the InREA Board of Directors, is a Principal Engineer in Corporate Affairs at Indianapolis Power and Light Company (IPL). He works in the evaluation, planning and regulatory approval process of environmental compliance options, renewable resources and Demand Side Management (DSM) programs at IPL. He is the author of IPL's Rate REP (Renewable Energy Production) feed-in tariff recently approved by the Indiana Utility Regulatory Commission. He has over eighteen years of experience at IPL and has worked in engineering, planning, fuel supply and marketing and was also the Director of Engineering for a regional railroad before rejoining IPL in his present position. He graduated from Purdue University with a Bachelor of Science in Civil Engineering. He also graduated from Indiana University with a Master of Business Administration. He is a Registered Professional Engineer in the State of Indiana.

Jake Allen is in Marketing and Program Management at Indianapolis Power & Light Company (IPL). During his tenure with IPL he has worked in numerous staff and management positions, including Engineer, Administrator of Rates, Director of Rates, and Manager, Energy Project Development. Since August 1997, he has been the individual who has primary responsibility for IPL's Energy Efficiency or Demand Side Management ("DSM") programs, including the development, research, implementation, planning, monitoring and evaluation of all DSM programs. He has been a witness in numerous Company proceedings before the Indiana Utility Regulatory Commission. Jake holds a Bachelor of Science Degree in Construction Engineering and Management from Purdue University and a Master's Degree in Business Administration from Indiana University. He is a registered Professional Engineer in the State of Indiana.

InREA Webinar: John Haselden and Jake Allen explain new Indianapolis Power & Light (IPL) Renewable Energy Programs

Join us for a Webinar on May 27

Space is limited.

Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/145063256

Join the first webinar by the Indiana Renewable Energy Association (InREA) using GoToWebinar on Thursday, May 27th from 10:00 to 11:00 am. John Haselden and Jake Allen with Indianapolis Power and Light (IPL) will describe and explain renewable energy incentives recently approved by the Indiana Utility Regulatory Commission (IURC).

These new renewable energy incentives include: 1) revised net metering tariff; 2) new Rate REP or Renewable Energy Production (aka Feed-in Tariff); and 3) incentives for small scale renewable energy projects.

The revised net metering tariff has been xpanded to be available to all customers and the capacity limits have been increased from 10 kW to 50 kW.

Rate REP is:
-Available to all customers not on Net Metering Rider 9.
-Applicable to generating capacity of 50 kW (20 kW for solar PV) to 10 MW
-All production will be metered and purchased by IPL (not just net of use)
-IPL retains all environmental attributes (e.g. RECs) to be used for compliance with an RPS or sold to the market for the credit of all customers.
-Allows for multi-year contracting of production and pricing (allows for project financing)
-Standard pricing to be adjusted periodically using a 30-filing process and will take into account DSM incentives, tax credits and other influences so as to not create a windfall for developers.

A $2 per watt incentive is also available to customers who install a small scale renewable energy project - capped at $4,000 per customer.

This is a webinar you won't want to miss. We plan to record this webinar and make it available later so watch for more details.

IPL Renewable Energy Programs

including new FiT

Date: Thursday, May 27, 2010

Time: 10:00 AM - 11:00 AM EDT

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements

PC-based attendees
Required: Windows® 7, Vista, XP, 2003 Server or 2000

Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer

Please forward this information to others who you think might be interested but each person must register for the webinar.

Final IPL Feed-in Tariff Effective March 30 2010

http://indianadg.wordpress.com/2010/04/01/final-ipl-feed-in-tariff-effective-march-30-2010/

Summary of Rate REP (Renewable Energy Production)

by John Haselden, IPL, john.haselden@aes.com

IPL's new Rate REP, approved by the Indiana Utility Regulatory Commission ("IURC") in Cause No. 43623, authorizes IPL to purchase renewable energy produced by wind, solar and biomass generated by its customers' projects connected to IPL's distribution system in Indianapolis, Indiana. It also offers the option for customers to contract the production for up to 10 years which will provide pricing certainty over the long term. The rates are tailored to the size and technology of the production and vary from 7.5 ¢/kWh for large wind turbines to 24 ¢/kWh for solar projects up to 100 kW of nameplate capacity.

Sometimes called an "Advanced Renewable Contract" or a renewable energy "Feed-in Tariff," Rate REP is another step taken by IPL to help develop renewable energy investments in Indiana for the benefit of its customers. In an agreement previously approved by the IURC, IPL currently purchases the power from the 106 MW Hoosier Wind Farm located in Benton County, Indiana.

IPL is a low cost provider of electricity which has made it difficult for alternative energy technologies, which typically have high capital costs, to compete on an economic basis. However, with the current federal tax incentives coupled with IPL's Rate REP compensation, such projects can be economically viable.

A key requirement of Rate REP is that all of the renewable energy production is separately metered and purchased by IPL. The customer continues to purchase all of their electrical energy requirements from IPL. IPL retains all environmental attributes such as Renewable Energy Credits ("RECs"), Greenhouse Gas ("GHG") Offsets, etc. to be used or sold for the benefit of its customers. For those customers who wish to purchase renewable energy, IPL offers this product through its Green Power program at one of the lowest costs in the US.

Getting Started:

The first step is to obtain approval for interconnection to IPL's electric system and enter into an interconnection agreement. Standard forms for this process are available at www.iplpower.com under the Business tab or by calling IPL.

Next, contact IPL about participation in Rate REP. One or more IPL meters will be required and located in an acceptable location in order to meter the output of the renewable energy generator. IPL must have clear access to meters. This can be determined in the interconnection design process.

Choose Your Pricing Method:

Pricing shown on the current approved Rate REP is not fixed. IPL may, with IURC approval, change pricing as cost variables significantly change. Such variables include tax effects, system costs, efficiency improvements, etc. To mitigate the risk of changing prices, a customer may enter into a pricing contract with IPL for up to ten years. Such contracts will generally allow customers to lock in pricing which will include an annual price escalation (fixed percentage) and includes other terms and conditions. There are no financial penalties for performance or quotas for energy production. All long-term contracts require the approval of the IURC.

Potential participants should be aware that IPL is only authorized to offer Rate REP and long-term contracts for a period of three years. Nine months prior to that time, IPL is required to present recommendations to the IURC for approval to continue the rate, modify I, or possibly terminate the rate, if appropriate.

IPL Rate REP_Effective_Mar 30 2010

Please be sure to send us information about you and your company for future newsletters.

Sincerely,

Laura Ann Arnold

Communications Committee

Indiana Renewable Energy Association