Many technologies are available for rebate including air-to-water heat pumps, central wood pellet furnaces and boilers, combination ovens, commercial dishwashers, commercial new construction custom incentives, convection ovens, conveyor ovens, dehumidifiers, ducted and ductless heat pumps, evaporator fan motors, fryers, furnace fan motors, ground source heat
Vermont law provides for a 100% exemption from the state’s 6% sales tax for systems which produce energy from renewable sources, including biofuels and advanced wood boilers, of capacities up to 500 kW.
Vermont’s Renewable Energy Resource Center provides funding for the installation of solar hot water and wood pellet heating systems by pre-approved installers. Commercial entities can receive $0.40 per KWh per year for solar thermal systems, up to $16,500, and $3,000 to $70,000 for advanced wood
The Clean Energy Development Fund was established by the Vermont legislature in 2012 to provide funding for renewable energy and energy efficiency measures for a wide range of technologies and entities. It has a special focus on small businesses, farms, and publicly owned and leased
The Vermont Economic Development Authority provides loans under this program for renewable energy and energy efficiency projects. Loans can be made at fixed rates on terms of up to 10 years in amounts of up to $500,000, not exceeding 60% of the project costs. Loans
Commercial entities already eligible for Vermont’s Clean Energy Development Fund can receive funding for up to 50% of the cost of replacing coal-burning systems with wood pellet systems. New systems must be installed by pre-approved contractors. $300,000 is available on a first-come-first-serve basis, and each
Maple syrup production operations in Vermont can receive incentives for the installation of wood pellet or chip-fired evaporators which completely replace oil-, propane-, or cord wood-burning systems. Sugaries can receive $200 per square foot of the evaporator pan, not to exceed $20,000 or 50% of
Business investments in solar thermal systems which are also eligible for the federal Investment Tax Credit can claim an additional tax credit of 6.24% for five years for systems placed in service by the end of 2022, 5.28% for systems placed in service by 2025,
Businesses, non-profits, and municipalities increasing the energy efficiency of facilities, including by using renewable thermal technology, can qualify for loans worth up to $2 million at low variable rates, or up to $500,000 at fixed rates. Renewable electricity generation projects can also qualify.
Vermont requires all retail electricity suppliers to source a certain percentage of their annual electricity sales from renewables. The percentage depends on the year: in 2017, they required 55% to come from renewable sources, and that percentage increases by 4% every year through 2032.Â
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
