Vermont's Small Scale Renewable Energy Incentive Program (SSREIP), initiated in June 2003, currently provides funding for new advanced wood pellet heating installations. The program is available to residential, commercial, institutional, and non-profit entities. Only systems installed by pre-approved installers will be eligible for funding. Funding must be reserved and applications approved before expenditures are made. Fund availability can be found here. Once reservations are granted, applicants have six months to complete their projects and submit the final application. Current incentives are as follows:
Advanced Wood Pellet Heating
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Vermont |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.rerc-vt.org/ |
| Administrator: | Renewable Energy Resource Center |
| Start Date: | 6/17/2003 (initial funding) |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
Advanced Wood Pellet Heating: Flat Incentive: $3,000 Income-Eligible Adder: $8,000 (low-income) and $6,000 (moderate-income) |
| Maximum Incentive: |
Advanced Wood Pellet Heating: $3,000 (Flat Incentive) Advanced Wood Pellet Heating Lifetime Cap: $5,000 (residential); $25,000 (commercial, industrial, non-profit, institutions) Low-to-Moderate Income: $9,000 |
| Eligible System Size: | Wood Pellet Heating Systems: Maximum system size of 100 kW (341kBtu) for the flat incentive |
| Equipment Requirements: | Wood Pellet Heating Systems: Minimum efficiency rating of 85% (wood chip heating systems may have a minimum efficiency of 80%) and emissions below 0.08 lbs/MMBtu for PM 2.5 |
| Installation Requirements: | Must be installed by registered Vermont Partners (no self-install). |
| Ownership of Renewable Energy Credits: | Not addressed |
| Technologies: | Biomass |
| Sectors: | Commercial, Nonprofit, Residential, Institutional |
| Parameters: | The incentive is 3000.00 $/Unit |
| Name: | Act 69 of 2003 |
| Effective Date: | 6/17/2003 (initial funding) |
| Name: | Public Information (RERC) |
| Organization: | Renewable Energy Resources Center |
| Address: |
20 Winooski Falls Way, 5th Floor Winooski VT 05404 |
| Phone: | (877) 888-7372 |
| Email: | info@rerc-vt.org |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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