Vermont Solar Rebates and Incentives
|Technologies||Photovoltaics, Solar Hot Water Heating|
|Amount||$1.25 per watt, up to $12,500 for photovoltaics, up to $3,000 for solar hot water|
|Required Documentation||Vermont Small Scale Renewable Energy Incentive Program Project Documentation and Final Incentive Request|
|Official Web Site||http://www.rerc-vt.org/incentives/index.htm|
Vermont’s Small Scale Renewable Energy Incentive Program began in 2003. The program has been funded annually by various amounts, with any leftover monies for the incentive being carried over to the following year. In 2010, the program was funded with $5.28 million from the American Recovery and Reinvestment Act of 2009.
Funds for the program previously were made available through numerous state and federal agencies, including the Vermont Clean Energy Development Fund, Central Vermont Public Service, Green Mountain Power, and through the United States Department of Energy.
This popular program already has approved more than 220 projects for 2010 by August. And $1.8 million in total funds related to the program have been awarded to projects either completed or still in development. The majority of those funds, $1.4 million, have been appropriated for photovoltaic (PV) projects in the residential and commercial sectors of the program.
Under the program, funds were allocated to residential and commercial sectors at a rate of $1.50 per watt for systems up to 10 kilowatts (kWs) until the program approved 750 kWs. That threshold was reached in August 2010. After that, rebates of $1.25 per watt for systems up to 10 kWs were offered to residents and commercial entities installing PV systems, allowing for a total rebate of $12,500. Resident applicants also may receive up to $3,000 for installing solar hot water heating systems.
The first-come-first-serve program allows residents to qualify for maximum lifetime rebates of up to $25,000. This can be achieved by submitting applications for different renewable energy installations.
To be eligible, the project must be installed by a registered Vermont Solar and Wind Partners installer. PV systems must be grid-tied and must apply for and receive a Certificate of Public Good from the Vermont Public Service Board. The system purchaser must also submit appropriate documentation prior to installing the system to reserve rebate funds for the system. Installations on buildings older than 50 years must also be in compliance with the National Environmental Policy Act.
When approved, incentive reservations are active for nine months from the date of the incentive reservation approval for solar electric, solar hot water, and small wind. Upon completion, the installer must submit a Project Documentation and Final Incentive Request Form to the department, which must be signed and dated by the system owner before the nine-month period is over.