INTIEACanada · Prince Edward Island Renewable Energy ActPolicyIn force

Prince Edward Island Renewable Energy Act

The Renewable Energy Act requires utilities to acquire  at least 15% of electrical energy from renewable sources by 2010  (Renewable Portfolio Standard). The province has achieved this target. Currently about 25% of PEI’s electricity consumption is sourced from on-island wind…

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Country / jurisdiction: Canada · Year: 2016 · Status: In force · Level: State/Provincial · Type: Voluntary

The Renewable Energy Act requires utilities to acquire  at least 15% of electrical energy from renewable sources by 2010  (Renewable Portfolio Standard). The province has achieved this target.

Currently about 25% of PEI’s electricity consumption is sourced from on-island wind farms.

The Renewable Energy Act also established minimum purchase price utilities must pay for power produced by large-scale renewable energy generators and makes it economically feasible for Island homeowners, small businesses or farmers who have an interest in generating their own electricity to install small-scale generating systems through net-metering.

Official source: http://www.gov.pe.ca/law/statutes/pdf/R-12-1.pdf

Source

https://www.iea.org/policies/5928

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