Incentives Available for Wisconsin RE Projects

Wisconsin’s Focus on Energy Renewable Energy program is offering multiple financial incentives and grants to generate interest in Renewable Energy projects across the state. These initiatives lend financial support to individuals and groups who want to reduce Wisconsin’s reliance on imported fossil fuels while installing, developing and using renewable forms of energy.

Madison, Wisconsin – August 8, 2002 [SolarAccess.com] Individuals, businesses, organizations, institutions or divisions of state, nonprofit agencies, municipal or tribal governments can be eligible for these incentives and grants. To qualify, individuals and groups must be located in the Focus on Energy pilot territory or in the service territory of a participating electric provider. Homes and facilities that are off the grid are also eligible, provided they are located within the service territory of a participating utility. The Cash-Back Reward, one of the incentives, is available for commercial, industrial, agricultural and residential Renewable Energy projects. Customers with installations of Renewable Energy systems, as well as those with repairs or improvements to existing renewable systems can qualify for Cash-Back-Rewards, with some rewards being limited to commercial, industrial, or agricultural applications. The Low-Interest Loan, another incentive, offers residential Renewable Energy users loans of US$1,000 to US$20,000 with terms that vary from three to ten years. These are available to owners of existing owner-occupied single-family and duplex homes that use solar electric (PV) systems, solar water heating systems or wind machines. Several grants are available to encourage the development of Renewable Energy sources in commercial, industrial and some residential applications. The following list provides the full assortment of grants available: Business and Marketing Grant, Demonstration Grant, Equipment Grant for Nonprofit Organizations, Feasibility Study Grant, Library Grant, Research and Development Grant and Wisconsin Environmental Education Board Grant. Scholarships are also available to promote education about Renewable Energy sources. “The financial incentives help homeowners and businesses reduce their Renewable Energy installation and improvement costs, while grants and scholarships provide developmental tools,” said Charlie Higley, program director for the Renewable Energy program. “We encourage interested parties to undertake Renewable Energy projects and work with us to see what incentives may be available.”
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