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The Vermont Small-Scale Renewable Energy Incentive Program provides incentives for qualifying advanced wood pellet boilers and solar hot water systems. The program is administered by the Renewable Energy Resource Center (RERC) (under contract with the CEDF), incentive applications and complete program information can also be obtained at their web ste: www.rerc-vt.org . The RERC can also be reached at 1-877-888-7372.
UPDATE: June 10, 2015 -- The changes to the Small Scale Renewable Energy Incentive Program were approved by the CED Board and took effect July 1, 2015.
November 6, 2015
Deadline: Monday, November 30, 2015
The Clean Energy Development Fund (CEDF) invites sole proprietors, businesses, and organizations to submit a Letter of Intent (LOI) to apply for a CEDF grant in support of bulk wood pellet delivery infrastructure projects located in Vermont.
A Letter of Intent (LOI) is the first step in this process and is required of all applicants. Letters of Intent are screened by the CEDF staff to determine eligibility, after which select applicants will be invited to submit a full grant proposal. The Proposal guidelines will be distributed at that time. Please note: Receipt of an invitation to submit a grant proposal does not infer, confer, or guarantee receiving a grant or funding for any project.
•Project Description Sheet (Excel version) -This is a required part of the Letter of Intent for this grant opportunity.
October 28, 2015
Request for Proposals, Grants for Wood Heating Systems:
Any questions regarding this RFP should be submitted in writing, preferably by email, with the subject line, “Advanced Wood Heating – Schools and Housing RFP Question.” Questions are due by 4 p.m. December 1, 2015 and will be answered in a comprehensive Q&A document that will be posted on this site alongside this RFP by December 7, 2015.
- Final proposals must arrive at the Public Service Department (PSD) office by 4:00 P.M. on Monday, January 8, 2016. Proposals received after the application deadline will not be considered.
November 5, 2015
Community Solar Finance Program Launched
The Vermont Clean Energy Development Fund (CEDF) today announces the launch of the Community Solar Finance Program. This new program provides $125,000 for interest rate buy-downs to help finance participation in community solar in the state with loans administered by VSECU, a credit union for everybody in Vermont. The time-limited interest rate buy-downs will be funded through support from the US DOE SunShot Initiative Rooftop Solar Challenge II and the CEDF.
The program is open to individuals who live in the State of Vermont who will be off-takers of net-metered credits produced by a group net-metered community solar PV project. Both secured and unsecured loan options are available with terms up to 15 years and amounts up to $40,000. Interest rate buy-down amounts will be subtracted from VSECU’s current VGreen loan program rates. To learn more, visit: www.vsecu.com/communitysolarloan
Loans: The CEDF no longer offers loans but does support loans for renewabe energy projects though two different credit enhancement programs. One program supports residential solar installations in Windham County and the other - the Heat Saver Loan Program - supports thermal energy efficiency and renewable energy loans.
A Revised Solar Tax Credit Reservation List was released on 1/3/11. This is the final revised list and includes tax credit reservations granted in the first or second round and has been updated as projects have dropped out of the program. The list also includes the ordered waiting list that could be used to distribute solar tax credit reservations if additional funds are made available for solar tax credits. Projects that have a CPG issued will receive their tax credit certification in December, 2010. Certificates will only be issued once a CPG has been obtained. For solar thermal projects, certificates will be sent once photographic proof of project installation has been received by the CEDF.
Photovoltaic (PV) projects that applied for a CPG and the solar tax credit before July 15th, 2010 have until September 1, 2011 to commission their projects. Solar thermal projects and PV projects that applied for a CPG after July 15th must be commissioned by December 31, 2010 to be able to claim the solar tax credit.
Press Releases on Past Awards
- Press Release - $1.7 million awarded to clean energy projects, June 16, 2010.
- Press Release - Nearly $6 million awarded for Energy Efficiency and Renewable Energy Projects, March 29, 2010.
- Press Release - Over $5 Million for Renewable Energy Projects Made Available To Home and Businesses Owners, April 21, 2010
- Press Release - $1.5 million awarded for the VT Small-Scale Renewable Energy Incentive Program, July 31, 2008
- Press Release - Over $3 million awarded for Renewable Energy Projects, May 14, 2010
- Press Release - CEDF Awards more than $3 million for Renewable Energy Projects, October 14, 2009
- Press Release - Governor Announces over $2.5 million for Renewable Energy Projects, April 15, 2009
- Press Release - State Awards over $2.5 million for Clean Energy Projects, October 31, 2008
- Press Release - State Awards over $2 million for Clean Energy Projects, May 7, 2008
- Press Release - $2 million awarded for VT Clean Energy Development Fund Projects, August 9, 2007