For full Small Scale Renewable Energy Incentive Program (SSREIP) policies and procedures, please see the SSREIP Terms, Conditions, and Requirements found here.
vFY2017 SSREIP Advanced Wood Heating System Incentive:
| 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 |
Details on the vFY2017 Custom Advanced Wood Heating System Incentive:
- Available for systems with one or more boilers/furnaces.
- Calculated based on the facility’s size (heated square footage).
- Includes an adder for thermal storage tanks proportional to heating system size.
- Includes woodchip systems (green and dry).
- Woodchip systems must meet an 80% (HHV) efficiency standard and limit total particulate matter emissions to no more than a 0.10 lb/MMBtu output. Pellet systems must continue to meet the current requirements (85% HHV efficiency and PM2.5).
- Applications may be subject to an in-house design review. The Renewable Energy Resource Center will continue to respond with further questions, approval or denial within (10) business days of application receipt.
- This incentive cannot be combined with the flat-rate Advanced Wood Heating System incentive.
- May be combined with the Efficiency Vermont Central Wood Pellet Furnace and Boiler Rebate.
Details on the vFY2017 Flat-Rate Advanced Wood Heating System Incentive:
- Has been increased to a flat-rate of $3,000.
- Only available for single pellet boiler or pellet furnace systems; systems with multiple units must apply for the Custom Incentive (see above).
- Eliminates the pellet storage adder and the thermal energy efficiency adder.
- All systems must have a minimum of 21 days’ worth of pellet storage.
- May be combined with the Efficiency Vermont Central Wood Pellet Furnace and Boiler Rebate.
