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Funding Resources
Funding Resources
| MA Renewable Energy Trust Fund | |
|---|---|
| Type of Incentive | Grant, Loan, Rebate |
| Eligible States | MA |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | <0.06 |
| Critical Information | The renewable energy fund, known as the Massachusetts Renewable Energy Trust Fund, is supported by a non-bypassable surcharge of $0.0005 per kilowatt-hour (0.5 mill/kWh), imposed on customers of all investor-owned electric utilities and competitive municipal utilities in Massachusetts. (Non-competitive municipal utilities generally may opt into the Fund by agreeing to the same provisions that apply to investor-owned utilities and competitive municipal utilities.) The Massachusetts Clean Energy Center administers the Fund with oversight and planning assistance from the Massachusetts Department of Energy Resources and an advisory board. |
| Start Date | 8/12/2008 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | The Fund may provide grants, contracts, loans, equity investments, energy production credits, bill credits and rebates to customers. The fund is authorized to support "Class I" and "Class II" renewables, which generally include solar photovoltaics (PV); solar thermal electric energy; wind energy; ocean thermal, wave or tidal energy; fuel cells utilizing renewable fuels; landfill gas; energy generated by certain existing hydroelectric facilities up to five megawatts in capacity; certain waste-to-energy which is a component of conventional municipal solid waste plant technology in commercial use; and low-emission advanced biomass power conversion technologies using fuels such as wood. In addition, the fund may support combined heat and power systems less than 60 kilowatts (kW) and solar hot water. |
| Web Site |
http://www.masscec.com/index.cfm/page/Incentives-and-Partnerships-/pid/11155 |
| Additional Web Site |
http://www.dsireusa.org/incentives/ incentive.cfm?Incentive_Code=MA07R¤tpageid=3&EE=1&RE=1 |
| Primary Contact |
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