Energy Investment Districts
Description
DOTSON T.C. & J.E. WILCOX:
"Alternative institutional designs, such as Energy Investment Districts (EIDs) (Center for Social Inclusion, 2014), can be permitted by the authority to levy fees or taxes according to a variety of models, potentially including socioeconomically progressive provisions that would enhance the inclusivity of community energy efforts. EIDs or comparable institutional structures also have the capacity to receive state, federal, or philanthropic funding for clean energy transitions that would have previously been channeled to larger bureaucratic organizations or directly to individuals as incentives. Such entities could become institutional intermediaries, ensuring that both financial inputs and returns are administered and reinvested for collective benefit. Such an organizational design could provide additional economic benefits to a given community by supporting the local economy and creating just and meaningful employment and livelihood opportunities. Most importantly, this institutional form could be applied to any technical manifestation: rooftop solar, shared renewables, and microgrids." (http://revistas.ucm.es/index.php/TEKN/article/view/52840/50002)
More Information
- * CENTER FOR SOCIAL INCLUSION. (2014). Energy investment districts: Policy concept paper.
Retrieved from <http://www.centerforsocialinclusion.org/wp-content/uploads/2014/06/EID-ConceptPaper.pdf>