The Fair Trading Commission Act, CAP.326B of the Laws of Barbados
| Jurisdiction | Barbados |
| Judge | Mrs. Tammy Bryan,Mr. Brian Francis,Mr. John Griffith,Ms. Ruan Martinez,Mr. Samuel Wallerson |
| Judgment Date | 01 January 2019 |
| Docket Number | FTCUR/FITORD2019 |
| Court | Fair Trading Commission (Barbados) |
Mrs. Tammy Bryan Chairman
Mr. Brian Francis Commissioner
Mr. John Griffith Commissioner
Ms. Ruan Martinez Commissioner
Mr. Samuel Wallerson Commissioner
FTCUR/FITORD2019
FAIR TRADING COMMISSION
WHEREAS the Government of Barbados in the National Energy Policy 2019–2030 has outlined a roadmap for transitioning the country from a fossil fuel dependent nation to one that is 100% RE based and carbon neutral.
AND WHEREAS the Commission has undertaken to determine a pricing framework for RE technologies for installations sized up to and including 1 MW pursuant to its powers under Section 4(3) (a) of the Fair Trading Commission Act, CAP. 326B
AND WHEREAS in recognition of the issues that have been considered and determined throughout the Consultation on Feed-in-Tariffs (FITs) for Renewable Energy Sources;
AND UPON READING AND CONSIDERING the written submissions of The Barbados Light and Power Company Ltd (BL&P); The Barbados Renewable Energy Association (BREA); Mr. Hallam Hope (CARITEL); Mr. Michael Ray, Mr. Khalid Grant (Solar Genesis), Blackstone Megawatt Energy Services Inc. and Williams Industries;
IT IS HEREBY ORDERED AS FOLLOWS THAT:-
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I The effective start date for the FIT programme shall be October 1, 2019. The applicable categories, rates and capacity allocations shall be as set out at paragraph IV hereof and shall remain in effect until December 31, 2021 or until such time as the expiration of the capacity, stated herein, whichever comes first. Thereafter the rates shall be reviewed annually. New rates shall be announced three (3) months prior to the end of each review period.
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II All terms shall remain constant for the duration of the 20-year contract. New or revised terms, conditions and tariff prices shall only be applicable to new projects entering the market in future programme years.
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III The FIT shall be based on a 20-year fixed tariff with no front loading and differentiated by technology and size. The tariff is based on the LCOE, using a multi-criteria approach according to the guidelines espoused in the BNEP.
Fit Policy Design
FIT Policy Element
RE Systems up to 1 MW
Proposed Effective Date
1/10/2019
Rate: Fixed, Tiered or Variable Options
Fixed
Rate: Differentiated by Technology & Size
Yes
Tariff Duration
20 years
Administratively-Determined or Competitively-Bid
Administratively-Determined
Presumed Off-taker
BL&P
Quantity Covered by FIT
100% of output
Periodic Review of Rates and MW Allocation
27 months initially, thereafter, annually
FITs Differentiated by Technology and Size (Up to and including 1 MW)
Technology Category
Size Category
Solar
Up to 10 kW
Solar
Above 10 kW to 100 kW
Solar
Above 100 kW to 250 kW
Solar
Above 250 kW to 500 kW
Solar
Above 500 kW to 1 MW
Land-Based Wind
Up to 10 kW
Land-Based Wind
Above 10 kW to 1 MW
Anaerobic Digestion
Up to 1 MW
Solid Biomass
Up to 1 MW
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IV The applicable categories, rates and capacity allocation shall be as outlined below:
Technology, Size Category
Oct. 1, 2019 – Dec. 31, 2021 Allocation (MW)
Oct. 1, 2019 – Dec. 31, 2021 FIT (BDS cents/kWh)
Solar, Up to 10 kW
42.75
5
Solar, Above 10 kW to 100 kW
44.75
Solar, Above 100 kW to 250 kW
41.75
8
Solar, Above 250 kW to 500 kW
38.25
Solar, Above 500 kW to 1 MW
36.25
12.7
Land-Based Wind, up to 10 kW
39.75
3
Land-Based Wind, Above 10 kW to 1 MW
38.25
Anaerobic Digestion, Up to 1 MW
44.25
2
Solid Biomass, Up to 1 MW
52.25
2
Total Allocation
32.7
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V Capacity shall be allocated on a first come first...
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