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Clean Energy Development Fund

In 2005, the Vermont General Assembly established the Vermont Clean Energy Development Fund through Act 74 (10 V.S.A. § 6523). The Act specifies that the Vermont Clean Energy Development Fund will be established and funded through proceeds due to the state under the terms of two Memoranda of Understanding between the Vermont Department of Public Service (DPS) and Entergy Nuclear VT and Entergy Nuclear Operations, Inc., and by any other monies that may be appropriated to or deposited into the Fund. The CEDF will receive payments from Entergy through 2012.

 

The goal of the Fund is to increase the development and deployment of cost-effective and environmentally sustainable electric power resources – primarily with respect to renewable energy resources, and the use of combined heat and power technologies - in Vermont.

 

Information on the Fund

 

  • Strategic Plan -provides a framework for the CEDF, including how the funds will be managed and how they will be distributed to meet the goals of the Fund.

 

Funding Opportunities

 

Loan Program

 

Grant Program

  • July 2009 Request for Proposals, Cover Page, and Budget Worksheet. Applications are due no later than 4:00 p.m. Friday, August 14, 2009. The Fund plans to hold a conference call and/or meeting to answer all questions at one time. Please check back for details or email Anne Margolis (anne.margolis@state.vt.us) to be placed on a list of interested parties.

 

Small-Scale Renewable Energy Incentive Program

The Vermont Small-Scale Renewable Energy Incentive Program provides incentives for qualifying solar electric, solar hot water, and small wind systems.

 

Municipal Techinical Assistance Grants

 

 

For additional information on the Clean Energy Development Fund please contact Anne Margolis at anne.margolis@state.vt.us

 

112 State Street, Drawer 20, Montpelier, VT 05620-2601
Phone: 802-828-2811  |  Fax: 802-828-2342  |  Consumer Hot Line: 800-622-4496