The Virgin Islands Energy Office has launched the USVI WISE grant program to assist small business owners in making their commercial property more energy efficient. To be eligible for the grant funds, commercial buildings must be located in the US Virgin Islands, use 30,000 kWh or less per month, and be able to pay for 60% of the project cost or the energy assessment cost if not committed to a project within 30 days of the assessment.
Additionally, the building must document a reduction of their energy consumption by at least 15% based on a comprehensive energy assessment as well as continue to monitor reduction for 12 months post the efficiency retrofit. Renewable energy systems are eligible for the USVI WISE grant program, but only after the required 15% energy savings has been met through energy conservation measures.
More information on the USVI WISE program can be found in the program brochure.
This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.
Implementing Sector: | State |
Category: | Financial Incentive |
State: | Virgin Islands |
Incentive Type: | Grant Program |
Web Site: | http://www.vienergy.org/index.html |
Administrator: | Virgin Islands Energy Office |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Incentive Amount: | 40% of project cost |
Maximum Incentive: | $80,000 |
Installation Requirements: | Quality Electric Supply, Inc. is the approved contractor for the program |
Name: | Nora Barger |
Address: |
4101 Mars Hill St. Croix VI 00840 |
Phone: | (855) 561-5757 |
Email: | nbarger@cleanenergysol.com |
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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