| Program | Rhode Island Economic Development Corporation - Renewable Energy Fund |
|---|---|
| Category | Technical Resource |
| Implementing sector | Other |
| Last Update | |
| State | Rhode Island |
| Administrator | Rhode Island Economic Development Corporation |
| Website | http://commerceri.com/finance-business/renewable-energy-fund/ |
| Start Date | |
| Sectors | Residential |
The Renewable Energy Fund (REF) provides grants and loan opportunities for eligible renewable energy technologies for preliminary feasibility studies as well as direct residential, commercial, and municipal installations. Funding is also offered for new renewable energy business ventures and innovative development. The fund is supported by a surcharge on electric customers' bills. The REF program is currently administered by the Rhode Island Commerce Corporation with the Office of Energy Resources providing assistance in development of the rules and regulations and evaluation of submitted REF applications. The new REF rules and regulations were approved by the Economic Development Corporation Board in December 2012.
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