| Implementing Sector | State |
|---|---|
| Category | Financial Incentive |
| State | Rhode Island |
| Incentive Type | Grant Program |
| Web Site | Link |
| Administrator | Commerce RI |
| Funding Source | Rhode Island Renewable Energy Fund (RIREF), Alternative Compliance Payments (ACPs) |
| Start Date | 01/01/2013 |
| Eligible Renewable/Other Technologies | Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Biomass, Combined Heat & Power, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Wind (Small), Hydroelectric (Small) |
| Eligible Storage Technologies | Lithium-ion |
| Applicable Sectors | Commercial, Industrial, Local Government, Nonprofit, Schools, Installers/Contractors, Agricultural, Multifamily Residential, Institutional |
| Incentive Amount |
For Direct Ownership Systems: $0.70/W For the first 0-50kW $0.40/W For the 2nd 50kW (Up to 100kW) $0.30/W For the 3rd 50kW (up to 150kW) $0.20/W For the 4th 50kW (up to 151 kW and up) Solar Carport Adder: $0.55/W Energy Storage Adder: $0.50/W |
| Maximum Incentive |
Without Solar Carport Adder: $75,000/project, $150,000/cap/block/installer With Solar Carport Adder: $200,000/project, $600,000/cap/block/installer Energy Storage Adder: $40,000/project |
| Installation Requirements | Varies with technology |
The Rhode Island Commerce Corporation (Commerce RI) seeks to fund commercial scale renewable energy projects generating electricity for onsite- consumption. Commerce RI provides incentives for renewable-energy projects. Incentive programs are funded by the Rhode Island Renewable Energy Fund (REF) and alternative compliance payments (ACPs) from the state’s renewable portfolios standard (RPS).
Eligibility
Any legal business entity, municipality, non-profit, and affordable housing are eligible for funding. All projects must be located on Rhode Island and must be used for on-site consumption. Grants are available for electricity-generating renewable-energy systems greater than 10 kilowatts (kW). Eligible technologies include solar, wind, ocean, small hydro, biomass, and fuel cells. Customers participating in the RE Growth Program offered by National Grid are not eligible for the program.
Program description
Incentive amounts are as follows:
| Direct Ownership | System Size | |
|---|---|---|
| $0.70/W | For the first 0-50kW | |
| $0.40/W | For the 2nd 50kW (up to 100 kW) | |
| $0.30/W | For the 3rd 50 kW (up to 150 kW) | |
| $0.20/W | For the 4th 50 kW (up to 151 kW and up) | |
| Maximum $75,000/project, $150,000/cap/block/installer |
| Name | RIGL §42-64-13.2 |
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