Funding Opportunities & Projects

This section provides information on the types of funding currently available through the Clean Energy Development Fund and related incentives offered by others. If you would like to look at example feasibility studies / projects or listings of completed projects, please choose from the sub-menu to the left.

October 4, 2019 Bulk Wood Pellet & Dried-Chip Supply Infrastructure Grants Request for Letters of Intent.

The Clean Energy Development Fund invites businesses and organizations to submit a Letter of Intent (LOI) to apply for a CEDF grant in support of bulk wood pellet and/or dried chip supply and/or delivery infrastructure projects located in Vermont.  A total of $350,000 is available for grants up to $250,000.

Read the Request for Letter of Intent here.

Download the Excel Project Description Sheet here - which is required to be submitted with a letter of intent.


  • Letter of Intent Submission Deadline: Friday November 1, 2019

  • Invitation(s) to Submit a Grant Proposal Distributed: November 18, 2019 (or earlier)

  • Grant Proposal Submission Deadline: Monday, January 6, 2020

  • Award Notification: End of January, 2020

If you have any question regarding this request for letters of intent please contact:

Andrew Perchlik, CEDF Fund Director, at: 802-828-4017  or at:

Wood stove change-out program [program ends on December 15, 2019]:

The incentive is available (through December 15, 2019) to customers via Participating Retailers for clean, efficient, EPA-qualified cord wood and pellet stoves that replace old, in-use and non EPA-certified wood stoves.

Pellet stoves: $1,000 incentive

Cord wood stoves: $800 incentive

A $100 incentive is also available to replace the catalyst in your existing EPA-certified woodstove.

Program Brochure

Program Web Site

  • Efficiency Vermont plans to continue to incentivize woodstove change-outs at their current levels through 2020. Stove change-outs, regardless of whether the old stove was EPA-certified or not, can get EVT’s incentive. Eligible change-outs can receive EVT's $650 new stove incentive + $100 change-out bonus (New stoves without a changing-out an old stove can still get the $650). 


July 1, 2018 - Advanced Wood Boilers/Furnaces Exempt from Vermont's 6% Sales Tax

Beginning July 1, 2018, sales of advanced wood boilers are exempt from Vermont Sale and Use Tax. 32 V.S.A. § 9741(52).

2019 Wood Heating Rebate Type Programs:

There are several wood heating incentives available in Vermont:

  • CEDF offers a flat-rate incentive of $3,000 for the installation of an approved pellet boiler or furnace.  For specific information:  or call 877-888-7372
  • Efficiency VT (EVT) has several wood heating incentives:
  • For Vermonters in Windham, Bennington, and Rutland counties there are specific pellet stove programs designed for low to moderate income residents to change-out old cord wood stoves for new pellet stoves or to install pellet stoves even if they don’t have an old wood stove.
    • In Windham County contact the Windham and Windsor Housing Trust: Tara Brown at 802-246-2119 or go to their web page:
      Do You Qualify For A New Pellet Stove?
    • In Rutland and Bennington Counties contact Melanie Paskevich at NeighborWorks of Western Vermont, (802) 797-8610) 
  • Members of Washington Electric Co-op (WEC) can get rebates on approved pellet boilers, furnaces, pellet stoves, and cord wood stoves:

Pellet Boilers - $1000 rebate

Pellet Furnaces - $500 rebate

Pellet Stove - $250 rebate

Wood Stove - $250 rebate

These can be in addition to the CEDF and EVT incentives. For more information see:

Or call WEC at: 802-223-5245

Incentives for Pellet-Fired Sap Evaporators


CEDF Sub-Grants

For Vermonters in Windham county there are specific wood heating programs that provide grant funding, technical support and more:

  • In Windham County
    • For residential low- and moderate-income residents there is a pellet stove program. Contact Tara Brown at the Windham and Windsor Housing Trust for more information: 802-246-2119.
    • For wood heating (pellet or chip boilers/furnaces) in municipal buildings, schools, and non-profits contact Marion Major at the Windham Regional Commission: 802-257-4547 ext. 109, or visit their website


Vermont Investment Tax Credit

The Vermont Investment Tax Credit, which includes business investments in solar (PV and hot water) systems that are eligible for the Federal Investment Tax Credit (ITC), is still available to Vermont individual tax payers.  The credit can only be claimed by individuals (despite being a credit for business investments) and is equal to 24% of the Federal ITC claimed (Federal ITC is currently 30% and thus the Vermont ITC is worth 7.2% of the eligible costs of the solar system). Citation: 32 V.S.A. § 5822 (d)(1)


The U.S. Department of Agriculture (USDA) invites applications for loan guarantees and grants for Renewable Energy Systems and Energy Efficiency Improvement Projects. These loan guarantees and grants are part of USDA’s Rural Energy for America Program (REAP). REAP helps agricultural producers and rural small businesses reduce energy costs and consumption by purchasing and installing renewable energy systems and making energy efficiency improvements in their operations. Eligible systems may derive energy from wind, solar, hydro-electric, ocean, hydrogen, geothermal or renewable biomass (including anaerobic digesters). For more information about the program and how to apply for this funding, please see the Rural Energy for America webpage.