Vermont Small-Scale Renewable Energy Incentive Program

Vermont Small-Scale Renewable Energy Incentive Program;
State: Vermont

  • Incentive Type: State Rebate Program
  • Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics, wind, Micro-hydro, Small Hydroelectric
  • Amount: Residential PV: $1.50/W DC up to 10 kW
  • Commercial PV: $1.50/W DC up to 10 kW, $1.00/W DC for next 50 kW (up to 60 kW), and $0.50/W DC for next 90 kW (up to 150 kW)
  • Special Category (government, non-profit, schools, hospitals, low-income multi-family) PV: $3.00/W DC up to 10 kW, $2.00/W DC for next 50 kW (up to 60 kW), and $1.00/W DC for next 90 kW (up to 150 kW)
  • Residential Solar Hot Water: $1.50/100 Btu/d up to 200 kBtu/d
  • Commercial Solar Hot Water: $1.50/100 Btu/d up to 1000 kBtu/d
  • Special Category Solar Hot Water: $3.00/100 Btu/d up to 1000 kBtu/d
  • All Wind: $3/W for first 2 kW + $1.60/W + Production incentive of $1.25/kwh (for turbines 2 to 5 kW) or $0.85/kWh (for turbines 6 to 20 kW) or $0.60/kWh (for turbines 21 to 150 kW)
  • Residential Micro-Hydro: $1.75 per 3ft-gal/min
  • Commercial Micro-Hydro: $1.75 per 3ft-gal/min
  • Special Category Micro-Hydro: $3.50 per 3ft-gal/min drop
  • Maximum Incentive: Residential PV: $15,000
  • Commercial PV: $110,000
  • Special Category PV: 35% project cost*
  • Residential Solar Hot Water: $3,000
  • Commercial Solar Hot Water: $15,000
  • Special Category Solar Hot Water: $30,000*
  • Residential Wind: $25,000
  • Commercial Wind: No maximum
  • Special Category Wind: No maximum
  • Residential Micro-Hydro: $8,750
  • Commercial Micro-Hydro: $8,750
  • Special Category Micro-Hydro: $17,500*
  • *Special Category projects cannot request more than $132,000 during first 6 months of the program.
  • Eligible System Size: Wind: up to 150 KW
  • Equipment Requirements: PV: New, grid connected; modules must be UL 1703 listed; inverters must be UL 1741-listed or listed by another nationally recognized testing laboratory.
  • Solar water heating: New equipment; collectors must have an OG-100 output rating from SRCC or an equivalent organization.
  • Wind: New, grid-connected; inverters must be UL 1741 listed or listed by another nationally recognized testing laboratory. Roof-top mounted wind systems are not eligible.
  • Micro-hydro: New, grid-connected; inverters must be UL 1741-listed or listed by another nationally recognized testing laboratory.
  • All systems: 5-year warranty required on major system components and installation, with the exception of batteries, for which a 2-year warranty is required.
  • Installation Requirements: Must be installed by registered Vermont Solar and Wind Partners. All grid-connected projects (solar PV, Wind, Micro-Hydro) must apply for, secure, and provide proof that the Vermont Public Service Board has issued a Certificate of Public Good.
  • Ownership of Renewable Energy Credits: Not Addressed
  • Funding Source: State, utility, American Recovery and Reinvestment Act(ARRA) State Energy Program (SEP) funds
  • Program budget $5,275,000
  • Program Start Date: 06/17/2003(initial funding)
  • Web Site: http://www.rerc-vt.org/incentives/forms.htm

Contact:

Public Information (RERC)
Renewable Energy Resources Center
255 S. Champlain Street, Suite 7
Burlington, VT 05401
Phone: (877) 888-7372
Fax: (802) 658-1643
E-Mail: rerc@veic.org
Web Site: http://www.rerc-vt.org