Last Updated January 30, 2025
Program Overview
Category:
Financial Incentive
State:
Vermont
Incentive Type:
Performance-Based Incentive
Administrator:
Green Mountain Power Corporation
Start Date:
10/2004
Expiration Date:
N/A
Applicable Sectors:
Agricultural
Eligible Renewable/Other Technologies:
Anaerobic Digestion
Summary
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, and 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.