Solar Manufacturing Incentive Grant (SMIG) Program (Virginia)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Virginia

Name Solar Manufacturing Incentive Grant (SMIG) Program
Incentive Type Industry Recruitment/Support
Applicable Sector Commercial, Industrial
Eligible Technologies Photovoltaics
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Varies







Start Date 1996-01-01







Maximum Incentive 4.5 million per year










Program Administrator Virginia Department of Mines, Minerals, and Energy

Date added to DSIRE 2000-01-01
Last DSIRE Review 2014-11-06



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


Summary

Created in 1995 and administered jointly by the Virginia Department of Mines, Minerals and Energy, and the Virginia Economic Development Partnership, the Solar Manufacturing Incentive Grant (SMIG) Program offers up to $4.5 million per year to encourage the production of photovoltaic panels in Virginia. The incentive is paid at a rate of up to $0.75 per watt for panels sold in a calendar year, with a maximum of 6 MW.

New manufacturers that meet certain production and other criteria are eligible to receive annual incentive grants for six years. The amount will be awarded as follows:


  • Years 1 and 2 - $0.75/watt
  • Years 3 and 4 - $0.50/watt
  • Years 5 and 6 - $0.25/watt

In April 2011, H.B. 2316 (S.B. 1360) repealed the SMIG Program and replaced it with the Clean Energy Manufacturing Incentive Grant Program. The SMIG Program will be repealed on July 1, 2013. SMIG grants based on sales made in 2011 cannot exceed $1 million. Any claims above $1 million will be prorated among applicants, as described in the statutes.


Incentive Contact

Contact Name Ken Jurman
Department Virginia Department of Mines, Minerals, and Energy
Division Virginia Division of Energy
Address Washington Building
Address 2 1100 Bank Street, 8th floor
Place Richmond, Virginia
Zip/Postal Code 23219-3638
Phone (804) 692-3222


Email ken.jurman@dmme.virginia.gov
Website http://www.dmme.virginia.gov
     
     

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

Authority 1: Va. Code § 45.1-392
Date Effective 1996-01-01

Expiration Date 2013-07-01

Authority 2: H.B. 2316
Date Effective 2013-07-01
Date Enacted 2011-04-06


















  • 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"