GMP - Biomass Electricity Production Incentive (Vermont)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Vermont

Name GMP - Biomass Electricity Production Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Agricultural
Eligible Technologies Biomass, Anaerobic Digestion
Active Incentive Yes

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount 0.04 per kWh







Start Date 10/2004


Funding Source Cow Power tariff




Maximum Incentive None

Ownership of Renewable Energy Credits Utility







Terms Five-year contract; RECs transfer to utility
Program Administrator Green Mountain Power Corporation
Website http://www.greenmountainpower.com/renewable/cow/cow-power-partners/
Date added to DSIRE 2004-08-12
Last DSIRE Review 2012-12-04



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Green Mountain Power Corporation (GMP), Vermont's largest electric utility, offers a production incentive to farmers who own systems utilizing anaerobic digestion of agricultural products, byproducts or wastes to generate electricity. GMP purchases the renewable energy credits for up to $0.04 per kWh with full subscription of the GMP voluntary Cow Power tariff. Attributes associated with production in excess of voluntary customer demand will be sold on the regional market where possible. The farmers sell the electricity as a separate commodity under the Vermont Standard Offer Program. Eligible systems must be connected to the grid, although net metering is another option for farmers, it is not available under this arrangement.
GMP sells the renewable energy credits (RECs) and other environmental attributes (i.e. Carbon Credit) generated under this arrangement as part of GMP Cow Power, the utility's green power program. This program offers customers the opportunity to purchase renewable energy for $0.04 per kWh above the retail cost of electricity under any rate class as a tariff rider.


Incentive Contact

Contact Name Dave Dunn
Department Green Mountain Power Corporation

Address 67 Merchants Row, Suite 104

Place Rutland, Vermont
Zip/Postal Code 05701
Phone (802) 353-1456


Email David.Dunn@greenmountainpower.com
Website http://www.greenmountainpower.com/renewable/cow
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: 30 V.S.A. § 8003




Authority 2: Vermont Public Service Board Order, Docket No. 6933
Date Effective 2004-07-30
Date Enacted 2004-07-30


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"