Renewable Energy Production Incentive
The Renewable Energy Production Incentive (REPI) program was created by the Energy Policy Act of 1992, and amended in 2005, to provide financial incentives for renewable energy electricity produced and sold by qualified renewable energy generation facilities. REPI has outlined the eligible electric production facilities to include:
- Not-for-profit electrical cooperatives
- Public utilities
- State governments
- Commonwealths
- Territories of the United States, the District of Columbia, Indian tribal governments, or a political subdivision within
- Native Corporations that sell the facility's electricity.
REPI is part of an integrated strategy in the 2005 Energy Policy Act to promote increases in the generation and utilization of electricity from renewable energy sources and to promote market utilization of renewable energy technologies.
For more information see the REPI Web site.
The following graphs show all the REPI facility projects, including total funding and total kilowatt-hours (kWh) produced.
REPI Annual Fiscal Year Funding in the United States
2001: $3,787,003.00
2002: $4,815,034.00
2003: $3,714,910.00
2004: $4,959,999.00
2005: $4,925,375.00
2006: $4,900,001.00
2007: $4,499,956.00
EPACT 1992 | Year of Production (FY) | Year of Payment (FY) | Appropriated Funds | Tier 1 Paid | Tier 1 Unpaid | % Tier 1 Paid | Tier 2 Paid | Tier 2 Unpaid | % Tier 2 Paid |
---|---|---|---|---|---|---|---|---|---|
1994 | 1995 | $693,120 | $100,725 | - | 100% | $592,395 | - | 100% | |
1995 | 1996 | $2,398,472 | $218,604 | - | 100% | $2,178,217 | - | 100% | |
1996 | 1997 | $2,490,893 | $195,902 | - | 100% | $2,294,991 | $347,038 | 87% | |
1997 | 1998 | $2,853,997 | $154,504 | - | 100% | $2,699,493 | $6,519,682 | 29% | |
1998 | 1999 | $4,000,000 | $122,167 | - | 100% | $3,877,833 | $9,747,420 | 28% | |
1999 | 2000 | $1,500,000 | $603,182 | - | 100% | $896,818 | $15,664,879 | 5% | |
2000 | 2001 | $3,991,000 | $1,339,377 | - | 100% | $2,651,625 | $24,755,332 | 10% | |
2001 | 2002 | $3,787,000 | $1,365,846 | - | 100% | $2,421,154 | $33,679,732 | 7% | |
2002 | 2003 | $4,815,033 | $1,810,911 | - | 100% | $3,004,122 | $40,211,074 | 7% | |
2003 | 2004 | $3,714,911 | $3,714,911 | $1,091,206 | 77% | - | $58,145,027 | 0% | |
2004 | 2005 | $4,960,000 | $4,960,000 | $2,205,009 | 69% | - | $43,393,560 | 0% | |
EPACT 2005 | 2005 | 2006 | $4,925,375 | $2,955,225 | $6,323,364 | 60% | $1,970,150 | $41,178,610 | 40% |
2006 | 2007 | $4,900,000 | $2,940,000 | $8,149,897 | 60% | $1,960,000 | $6,798,099 | 40% | |
2007 | 2008 | $4,500,000 | $2,700,000 | $11,252,558 | 60% | $1,800,000 | $7,998,426 | 40% |
REPI Net kWh Produced in the United States
2001: 700,997,067 Kwh
2002: 804,281,559 Kwh
2003: 1,030,968,924 Kwh
2004: 1,172,826,729 Kwh
2005: 763,339,363 Kwh
2006: 1,072,864,658 Kwh
2007: 1,099,582,538 Kwh