Solar & Battery Regulation & Incentive Programs

GMP Cow Power

Program Overview


Category:
Financial Incentive
Program Type:
Performance-Based Incentive
Implementing Sector:
Utility
State:
Vermont
Eligible Storage Technologies:
Anaerobic Digestion
Website:
http://www.greenmountainpower.com/innovative/cow/
Incentive Amount:
$0.04 per kWh
Maximum Incentive:
None
Terms:
Five-year contract; RECs transfer to utility
Ownership of Renewable Energy Credits:
Utility
Administrator:
Green Mountain Power Corporation
Applicable Sectors:
Agricultural
Utility:
Green Mountain Power Corp
Last Updated:
06/24/2019
Funding Source
Cow Power Tariff

Eligibility Criteria

EligibilitySectorsTechnologies
$/kWh (5 years)0.0400
Agricultural
Anaerobic Digestion

Summary

Green Mountain Power Corporation (GMP), Vermont's largest electric utility, offers a production incentive to farmers who own systems utilizing anaerobic digestion of agricultural products, byproducts, or wastes to generate electricity. 

GMP purchases the renewable energy credits for up to $0.04 per kWh with full subscription of the GMP voluntary Cow Power tariff. Attributes associated with production in excess of voluntary customer demand will be sold on the regional market where possible. The farmers sell the electricity as a separate commodity under the Vermont Standard Offer Program. Eligible systems must be connected to the grid, and although net metering is another option for farmers, it is not available under this arrangement.

GMP sells the renewable energy credits (RECs) and other environmental attributes (i.e. Carbon Credit) generated under this arrangement as part of GMP Cow Power, the utility's green power program. This program offers customers the opportunity to purchase renewable energy for $0.04 per kWh above the retail cost of electricity under any rate class as a tariff rider.


Authorities

NameEnacted DateEffective DateExpired Date
30 V.S.A. § 8003
Vermont Public Service Board Order, Docket No. 693307/30/200407/30/2004