CESA Member Vermont
“I believe there is no greater challenge and opportunity for Vermont and our world than the challenge to change the way we use and produce energy.” ”
Vermont's Clean Energy Development Fund (CEDF) was established in 2005 to promote the development and deployment of cost-effective and environmentally sustainable electric power and thermal energy resources for the long-term benefit of Vermont consumers, primarily with respect to renewable energy resources.
The vision for the CEDF is to serve the citizens of Vermont by increasing local, small-scale renewable energy generation while maximizing associated economic development. The CEDF coordinates with other State programs and private entities to integrate and advance renewable energy across all sectors of the state’s energy economy.
Under the vision is the primary goal of increased renewable energy generation in Vermont (thermal and electrical). Supporting the primary goal are three objectives:
- Advance Economic Development of the renewable energy sector of the economy
- Increase Cost Effectiveness of renewable energy
- Decrease Environmental Impacts of Vermont’s Energy Use
From its establishment to 2012, the CEDF has been supported via annual payments from Entergy (which owns the Vermont Yankee nuclear power plant). In return, Entergy is permitted to store its own spent nuclear fuel at the Vermont Yankee.
Historically, the CEDF has focused on a set of core tools, including rebates offered through the Small Scale renewable Energy Incentive Program (SSREIP), competitive grants, and targeted loans. After the strategic planning process in 2012, the CEDF transitioned away from loans and instead initiated efforts to support financial products offered by the private market for renewable energy projects. During this time, the CEDF has continued to use the SSREIP rebates as its primary program to effect change. The CEDF reduced the use of competitive grants for installations in favor of working to fill gaps in select markets where an identified barrier stymies growth. For example, the CEDF is working to help develop model solar contracts and guidance for use by municipalities and schools in order to lower the soft costs and increase the local benefits of these community projects.
- The Stafford Hill Solar Farm - Watch how a solar installation is built!
- Power to the People: Envisioning Rutland as 'Energy City of the Future'
- ESTAP Promotes Innovative Solar + Energy Storage Microgrid in Central Vermont
- Nine Vermont solar projects getting more than $442,000 in grants from CEDF
- 2014 Vermont Clean Energy Industries Report
- Eight CESA States Plan to Increase Zero-Emission Vehicles
- Vermont's Net Metering Program a Model for the Nation
- Vermont Clean Energy Development Fund issues RFP for a food waste digestion pilot project
- Vermont Clean Energy Development Fund Issues RFP for Thermal Energy Finance Pilot Program
- Vermont’s Clean Energy Development Fund encouraged rapid solar deployment in 2013 through its Small Scale Renewable Energy Incentive Program
- Vermont Public Service Department Issues RFP for Distributed Wind
- VT Small Scale Renewable Energy Incentive Program (SSREIP) Accepting Reservations
- VT Launching New Clean Energy Loan Fund
- Vermont Smart Meter Measurement Report Released
- VT Clean Energy Development Fund Releases New Strategic Plan
- Vermont Clean Energy Development Fund Announces Additional $1.25 M to Support RE
- Vermont Introduces Community Solar Financing