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Rhode Island

Rhode Island

Incentives/Policies for Renewables & Efficiency

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Commercial-Scale Renewable-Energy Grants   

Last DSIRE Review: 01/24/2014
Program Overview:
State: Rhode Island
Incentive Type: State Grant Program
Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Biomass, Geothermal Electric, Fuel Cells, CHP/Cogeneration, Small Hydroelectric, Biodiesel
Applicable Sectors: Commercial, Nonprofit, Local Government, Low-Income Residential, Institutional
Amount:Varies by system size
Maximum Incentive:$350,000
Funding Source:Rhode Island Renewable Energy Fund (RIREF), Alternative Compliance Payments (ACPs)
Program Budget:$1 million in 2013
Start Date:1/1/2013
Web Site: http://www.commerceri.com/finance/REF-Commercial.php
Authority 1:
RIGL ยง42-64-13.2
Summary:

Commerce RI provides incentives for renewable-energy projects. Incentive programs are funded by the Rhode Island Renewable Energy Fund (RIREF) and alternative compliance payments (ACPs) from the state’s renewable portfolios standard (RPS). Currently, the Commerce RI provides grants for small-scale solar projects and direct funding for commercial-scale renewable-energy projects.

Grants are available for electricity-generating renewable-energy systems greater than 10 kilowatts (kW). Grants will provide 20% of project funding, with a maximum award of $75,000 per individual project. Systems may be installed on businesses, institutions, non-profits, municipality property and affordable housing projects. Project owners must have conducted an energy audit prior to application submittal. The deadline to submit complete applications for the current funding round is  March 7, 2014

Incentive amounts are as follows

  • $1.25/W For the first 0-50kW 
  • $1.10/W For the 2nd 50kW (up to 100kW) 
  • $0.95/W For the 3rd 50kW (up to 150 kW) 
  • $0.80/W For the 4th 50kW (up to 200 kW) 
  • $0.65/W For the 5th 50kW (up to 250 kW) 
  • $0.50/W For all installed capacity over the first 250 kW

The following requirements apply to solar-electric projects:

  • A shade-analysis demonstrating no more than 20% predicted shading during the hours of one hour after sunrise and one hour before sunset.
  • A layout drawing of project.
  • A one-line electrical drawing.
  • An interconnection application submitted to National Grid.
  • Project payback using assumptions stated in the program guidelines
  • Manufacturer’s specifications for panels and inverter to be installed.
  • A photo of the project location taken from the south looking northward toward the building or site.
  • An aerial image of the site from Microsoft Virtual Earth, Google Earth, or similar source with the building or site clearly identified.

Separate requirements apply to wind-energy projects. Funding is also available to support early-stage commercialization and pre-development feasibility studies for renewable-energy projects. See the program rules and regulations for more information.


 
Contact:
  Hannah Morini
Commerce RI
315 Iron Horse Way, Suite 101
Providence, RI 02908
Phone: (401) 278-9100 Ext.135
Fax: (401) 273-8270
E-Mail: hmorini@riedc.com
Web Site: http://www.riedc.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.