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VEIC Facilitates Growth of Renewable Energy in Vermont

Aug 18, 2014

The Small Scale Renewable Energy Incentive Program (SSREIP), which offers financial assistance for the completion of qualifying renewable energy projects in Vermont, has seen a burst of activity in recent years. The program was originally established as a result of Renewable Energy legislation passed by the Vermont State Legislature during the spring of 2003. It is designed and funded by the state’s Clean Energy Development Fund (CEDF), which recently published some exciting changes to the list of SSREIP incentive offerings. With the state’s partnership and guidance, VEIC has played an active role in advancing the SSREIP’s work to bring innovative renewable energy technologies to Vermont.

The Renewable Energy Resource Center (RERC), a project of VEIC, administers the contract for the SSREIP. Over the past 11 years, the RERC has provided financial incentives totaling $18.2 million for the installation of more than 4,400 renewable energy systems. In past years these installs have included photovoltaic (PV), solar hot water, and wind. In December 2014, the residential PV incentive offer will end, allowing the CEDF to support a suite of new renewable energy systems that will soon qualify for incentives under the program.

The Biomass Energy Resource Center (BERC) at VEIC and the VEIC Transportation Efficiency team both played a key role in the development of the recent SSREIP changes. The transportation team offered advice on how to develop a new pilot incentive to encourage “special category” customers, such as municipalities, public schools, and non-profit low-income housing organizations, to install public electric vehicle charging stations alongside PV systems. The pilot includes incentives for 10 systems and represents an exciting opportunity for future partnerships within the clean transportation and renewable energy sectors.

BERC also played a consultative role, providing CEDF staff with expert advice throughout the SSREIP planning process. As a result, the program will begin offering incentives for qualifying high-efficiency bulk-delivery pellet boilers in October 2014. These new incentive offerings represent a significant step forward in furthering the promotion and adoption of clean energy generation – and VEIC will work hand in hand with the state to track the results and impacts of these efforts across Vermont.

Learn more about VEIC’s work with renewable energy technologies.

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