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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

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Vermont

Vermont

Incentives/Policies for Renewables & Efficiency

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GMP - Biomass Electricity Production Incentive   

Last DSIRE Review: 12/04/2012
Program Overview:
State: Vermont
Incentive Type: Performance-Based Incentive
Eligible Renewable/Other Technologies: Biomass, Anaerobic Digestion
Applicable Sectors: Agricultural
Amount:$0.04 per kWh
Maximum Incentive:None
Terms:Five-year contract; RECs transfer to utility
Ownership of Renewable Energy Credits:Utility
Funding Source:Cow Power tariff
Start Date:10/2004
Web Site: http://www.greenmountainpower.com/renewable/cow/cow-power-partner...
Authority 1:
30 V.S.A. ยง 8003
Authority 2:
Date Enacted:
Date Effective:
Vermont Public Service Board Order, Docket No. 6933
7/30/2004
7/30/2004
Summary:
Green Mountain Power Corporation (GMP), Vermont's largest electric utility, offers a production incentive to farmers who own systems utilizing anaerobic digestion of agricultural products, byproducts or wastes to generate electricity. GMP purchases the renewable energy credits for up to $0.04 per kWh with full subscription of the GMP voluntary Cow Power tariff. Attributes associated with production in excess of voluntary customer demand will be sold on the regional market where possible. The farmers sell the electricity as a separate commodity under the Vermont Standard Offer Program. Eligible systems must be connected to the grid, although net metering is another option for farmers, it is not available under this arrangement.
 
GMP sells the renewable energy credits (RECs) and other environmental attributes (i.e. Carbon Credit) generated under this arrangement as part of GMP Cow Power, the utility's green power program. This program offers customers the opportunity to purchase renewable energy for $0.04 per kWh above the retail cost of electricity under any rate class as a tariff rider.

 


 
Contact:
  Dave Dunn
Green Mountain Power Corporation
67 Merchants Row, Suite 104
Rutland, VT 05701
Phone: (802) 353-1456
E-Mail: David.Dunn@greenmountainpower.com
Web Site: http://www.greenmountainpower.com/renewable/cow
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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.