Feed-in Tariffs for Renewable Energy Production

Feed-in tariffs (FITs) establish payment rates that utilities pay in-state renewable energy producers.

FITs will rapidly accelerate the development of large and small-scale renewable energy projects.

With FITs in place, Kentucky’s renewable energy project developers are assured in advance that utility companies will purchase their power at set rates and for a set amount of time. They help utilities meet their renewable energy production goals and create more stability in the energy supply.

The KY Public Service Commission will establish FITs rates at amounts equal to the cost of renewable electricity production plus a reasonable rate of return. As energy production costs decrease, these rates will similarly decline.

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Clean energy stories
Randy's run Randy's run

Clay County, Kentucky resident Randy Wilson ran for the board of his electric cooperative on a platform of affordable energy, better energy choices, and good local jobs in 2009. Randy was the first person to oppose a sitting Jackson Energy board member since the co-op was founded in 1938. Before running for office, Randy was an active member of the Kentuckians For the Commonwealth’s Canary Leadership Network carrying a message throughout the region about the need to transition away from coal and towards clean energy.

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