Program | Renewable Energy Competitive Incentive Program |
---|---|
Category | Financial Incentive |
Implementing sector | State |
Last Update | |
State | Wisconsin |
Administrator | Chicago Bridge & Iron |
Website | https://focusonenergy.com/business/renewable-energy |
Budget | Up to $8.7 million available for 2017-18 for both RECIP and Focus on Energy Renewable Rewards Program |
Technologies | Solar Water Heat, Solar Thermal Electric, Solar Photovoltaics |
Wisconsin Focus on Energy offers a competitive grant to support the deployment of large renewable energy projects. The Renewable Energy Competitive Incentive Program (RECIP) provides incentives for cost-effective renewable energy systems installed at eligible Wisconsin organizations through a competitive request for proposals (RFP) process that occurs twice per year. Grant recipients and projects must be located in a participating electric or gas utility's service territory (see here for participating utilities).
A project’s incentive amount is determined based on the estimated first year net energy production (or offset) of the system. Applicants must propose a $/kWh and/or $/Therm amount, up to $0.50/kWh and $1.00/Therm. The higher the kBTU produced or offset per dollar spent, the more cost-effective the project.
2017 Program Year
The deadline for the current RFP period is March 24, 2017; awardees will be notified by April 26, 2017.