Is there a new incentive structure for fiscal year 2017 (starting October 2016)?

Yes! For further information on the new Advanced Wood Heating System program, please click here!

Advanced Wood Heating Systems

Flat-Rate Incentive:
Residential,
Commercial/Industrial
Custom Incentive:
Residential,
Commercial/Industrial
Custom Incentive:
Public-Serving
Institutions
Base Incentive Calculation $3,000 $1.25/sq-ft heated
building space
$1.25/sq-ft heated
building space
Maximum Base Incentive $3,000 $60,000 $80,000
Thermal Storage Tank Adder Calculation $0 $10.00/MBH $10.00/MBH
Maximum Thermal Storage Tank Adder $0 $10,000 $15,000
Customer Lifetime Cap (with Adders) $70,000 $70,000 $95,000

Solar Hot Water

Incentive CalculationMaximum Incentive
Residential $0.40/kWh/year $3,000
Commercial/Industrial $0.40/kWh/year $16,500
Special Category $0.80/kWh/year $45,000

High Performance Low-Income Solar Electric Incentive

Incentive CalculationMaximum Incentive
Low-Income $1.00/Watt $7,000