SECURITIES AND EXCHANGE COMMISSION

                                WASHINGTON, D.C.

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of report (Date of earliest event reported) April 15, 2005

                        RIDGEWOOD ELECTRIC POWER TRUST I
               (Exact name of registrant as specified in charter)

             Delaware                 0-24240                  22-3105824
             --------                 -------                  ----------
         (State or other            (Commission               (IRS Employer
         jurisdiction of            File Number)            Identification No.)
          organization)

1314 King Street, Wilmington, Delaware 19801
- --------------------------------------------
(Address of principal executive offices)  (Zip Code)

Registrant's telephone number, including area code:  (302) 888-7444

                                 Not Applicable
         (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
     230.425)
|_| Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
     Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
     Act (17 CFR 240.13e-4(c))


Item 8.  Other Events
         ------------

Although the Registrant  believed that it would be able to complete and file its
Annual Report on Form 10-K within the fifteen day extension period when it filed
for extension,  it now appears that despite diligent and good faith efforts, the
Registrant  is going to be unable to file its Annual Report within the extension
period.  As detailed in the Registrant's Form NT-10K, the Registrant has yet to
complete its Audited  Consolidated  Financial Statements and Notes thereto to be
included in its Annual Report on Form 10-K.  This has  occurred due to a variety
of factors  including but not limited to the fact that on January 14, 2004,  the
Registrant  changed its independent  accountants.   As a result,  the Registrant
currently  needs to obtain  the  consent of its  predecessor  accountant.    The
Registrant is working  diligently with its  independent  accountants to complete
its Audited Consolidated  Financials  Statements and will file promptly upon the
receipt of consent from both accounting firms.



SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                        RIDGEWOOD ELECTRIC POWER TRUST I


Date:  April 15, 2005         By /s/ Christopher I. Naunton
                                     Christopher I. Naunton,
                                     Vice President and
                                     Chief Financial Officer