Tax Incentive - End User

Status: 
Implemented
Sector: 
Commercial/Industrial
Solar Photovoltaic: 

Exemption of the 17% VAT for those investing in the technology

Solar Thermal: 

Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)

Wind (Onshore): 

Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)

Biomass: 

Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)

Waste-to-Energy: 

Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)Net billing rate: short run avoided cost of generation plus a 15% premium Conditions: - Applicant must be a JPS (electric utility) customer - Applicant must not have any outstanding JPS bills - Applicant must own property where generation faclity is to be located or have owner's permission to install facility - Maximum 100 kW gross capacity - Application fee of JMD 10,000 - Applicant must furnish site layout, system & interconnection design/drawings - Impact study may be required - Generator responsible for interconnection infrastructure cost - Generator responsible for cost of meter - Duration of net billing agreement = 5 years (from 1st day of commercial operation)

Sources: 

IRENA (2012). St. Kitts and Nevis Renewable Energy Country Profile. Available for download at: http://www.irena.org/documentdownloads/publications/_caribbeancomplete.pdf