GMP - Biomass Electricity Production Incentive (Vermont)
From Open Energy Information
Last modified on February 12, 2015.
Financial Incentive Program
|Name||GMP - Biomass Electricity Production Incentive|
|Incentive Type||Performance-Based Incentive|
|Eligible Technologies||Biomass, Anaerobic Digestion|
|Energy Category||Renewable Energy Incentive Programs|
|Amount|| 0.04 per kWh
|Start Date|| 10/2004
|Funding Source|| Cow Power tariff
|Ownership of Renewable Energy Credits|| Utility
|Terms||Five-year contract; RECs transfer to utility|
|Program Administrator||Green Mountain Power Corporation|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
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.
|Contact Name||Dave Dunn|
|Department||Green Mountain Power Corporation|
|Address||67 Merchants Row, Suite 104|
|Phone|| (802) 353-1456
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 Enacted|| 2004-07-30
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.
- "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid
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