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Last Updated February 26, 2024

Program Overview

Category:

Financial Incentive

State:

Vermont

Incentive Type:

Rebate Program

Administrator:

Renewable Energy Resource Center

Start Date:

6/17/2003 (initial funding)

Expiration Date:

N/A

Web Site:

http://www.rerc-vt.org/

Applicable Sectors:

Commercial, Nonprofit, Residential, Institutional

Eligible Renewable/Other Technologies:

Biomass

Summary

Vermont's Small Scale Renewable Energy Incentive Program (SSREIP), initiated in June 2003, currently provides funding for new advanced wood pellet heating installations. The program is available to residential, commercial, institutional, and non-profit entities. Only systems installed by pre-approved installers will be eligible for funding. Funding must be reserved and applications approved before expenditures are made. Fund availability can be found here. Once reservations are granted, applicants have six months to complete their projects and submit the final application. Current incentives are as follows:

Advanced Wood Pellet Heating

  • Flat-Rate Incentive (Residential and small commercial with less than 5,000 sq ft of heated space): $3,000
  • Custom Incentive (Commercial projects above 5,000 sq ft.): $3,000
  • Income-Eligible Adder (Residential; only for Windham County): adder is $8,000 (low-income) and $6,000 (moderate-income)
  • Lifetime Cap: $5,000 (residential); $25,000 (commercial, industrial, non-profit, institutions)

For terms and conditions, and requirements for the advanced wood pellet heating incentives, click here.