Grants, Incentives, and RFPs for CHP
Grants, incentives, requests for proposals (RFP) or other funding
mechanisms for CHP in the intermountain region are posted here.
Deadlines and application details often change, so check the individual
websites. If you know of changes, updates, or incentives not listed
here, please Contact Us. Also, if you are
considering a CHP project, you may wish to contact us to see if we know
of any other funding sources, and/or sign
up to receive notices. You may also wish to check the comprehensive
Database of State Incentives for Renewables and Efficiency (DSIRE) at
www.dsireusa.org.
Colorado Carbon Fund
*new
The Colorado Carbon Fund is currently recruiting high-quality,
innovative greenhouse gas offset projects. The Climate Trust, in
partnership with the Governor's Energy Office, is responsible for
evaluating and contracting to buy the emission reductions from
innovative energy projects in Colorado. If you have a new project that
is reducing or displacing the use of fossil fuels and would like to be
considered for funding, please contact
mthilges@climatetrust.org.
More information on the Colorado Carbon Fund is available on:
www.coloradocarbonfund.org. (Added 1/27/09)
CHP Assistance from the Intermountain CHP Center
The Intermountain CHP Center is pleased to offer free technical,
economic, and feasibility screenings, third-party review of vendor
proposals, expert advice, customized presentations, case studies, and
information on available grants and incentives to any business in the
Intermountain region (AZ, CO, NM, UT, and WY) that is considering CHP. Contact
at 928-527-8036. Power, Controls and
Adaptive Networks
Innovative and technologically-advanced CHP projects may qualify for
grants from the National Science Foundation under its ongoing Power,
Controls and Adaptive Networks (PCAN) Program. PCAN supports creative
research and education underlying the analysis and design of intelligent
engineering networks for control, communications, computation and
energy. The program covers areas including, but not limited to, all
aspects of transmission, distribution and generation of electric power,
including operations, communications, reliability, electric machines,
power electronics and drives. The program further includes integration
of renewable and distributed energy systems, such as fuel cells, solar
cells, wind power and micro-turbines into large power networks.
Proposals are due between January 7th and February 7th of each year, and
between September 7th and October 7th of each year. For more info,
contact Radhakishan Baheti at
rbaheti@nsf.gov or go to:
www.nsf.gov/funding/pgm_summ.jsp?pims_id=13380. Refer to Sol#
PD-05-1518. (Grants.gov 1/27/09) 1.8¢/kWh for Advanced Turbines,
Fuel Cells, Hybrids, or Energy Storage
Under the Energy Policy Act of 2005 (Section 1224) owners or operators
of advanced power system technologies are eligible for a payment of 1.8
cents per kWh of electricity generation. Qualifying facilities must use
an advanced turbine, fuel cell, or hybrid power system or a power
storage system to generate or store electricity. Facilities are eligible
up to the first 10 million kWh produced in a fiscal year. An additional
0.7 cents per kWh is available for owners or operators of qualifying
security and assured power facilities as deemed appropriate by DOE and
Department of Homeland Security. Expires December 31, 2012.
Energy Efficient Commercial &
Public Buildings Tax Deduction
Commercial and public buildings that install energy efficient
technologies including CHP are eligible for a tax deduction of
$0.30-$1.80 per square foot. For details see the
Commercial Buildings Tax Deduction Coalition.
Business Tax Credit for Fuel Cells or Microturbines
As part of the Energy Policy Act (section 1336), businesses that
install fuel cells can receive a 30% tax credit, up to a maximum of
$1,500 per 0.5 kW. Businesses that install microturbines can receive a
10% tax credit, up to a maximum or $200 per kW, and a total maximum
microturbine system capacity of 2 MW. CHP/cogeneration systems under 50
MW are eligible for a 10% tax credit.
See details.
Renewable Electricity Production Tax Credit (for Corporations)
CHP technologies that use renewable fuels are eligible for 1.0¢/kWh,
adjusted for inflation, for first 10 years of operation. Closed-loops
biomass, i.e. crops grown specifically for energy, get 2.1¢/kWh.
Agricultural livestock systems must meet minimum size of 150 kW.
See details.
Renewable Energy Production Incentive (for Governments, Municipal
Utilities, & Rural Co-ops)
State and local governments, tribal governments, municipal
utilities, and rural cooperatives can receive a tax credit of $1.8¢/kWh
(adjusted for inflation) for CHP technologies fueled by biomass,
livestock methane, or landfill gas, for 10 years of operation.
See details
here or
here.
USDA Rural Energy for America Program (REAP) - Grants and Loans
for Renewable Energy Systems and Energy Efficiency Improvements
(including CHP)
Agricultural projects or commercial projects in rural areas can get
grants of up to 25% of project costs, or loans of up to $25 million, not
to exceed a total of 75% of project costs.
See details.
StEPP Foundation
The StEPP Foundation, a 501(c)(3) nonprofit organization, has funding
available for energy efficiency, renewable energy, and pollution
prevention projects implemented for the benefit of the public. For more
information, go to
www.steppfoundation.org.
Grants for Projects in Economically-Distressed Areas
The Economic Development Administration's (EDA's) Public Works Program
helps communities in economic decline revitalize, expand, and upgrade
their facilities. Projects that have been funded in the past include:
water and sewer facilities upgrades; technology-related infrastructure
development; diversification of natural resource dependent economies
efforts; commercialization and deployment of innovative technologies;
business/industrial development; and the demolition, renovation, and
construction of publicly owned facilities. The following types of
applicants are eligible for funding: economic development districts;
states, cities, or other political subdivisions of a state or consortium
of political subdivisions; Indian tribes; colleges and universities;
public or private nonprofit organizations; and associations acting in
cooperation with officials of a political subdivision of a state.
Projects must either be located in or directly benefit an area that
exhibits economic distress, determined based on the level of
unemployment, per capita income, or special need. EDA provides direct
grants, on a cost-share basis, generally funding 50 percent of the
project cost. For more information see
www.eda.gov/InvestmentsGrants/Investments.xml.
Colorado: Local Governments, Non-Profits, and Individuals in Pitkin
County
The Renewable Energy Mitigation Program is offer mini-grants up to
$1,000 for projects that result in a reduction of greenhouse gases. For
information, see
www.aspencore.org/NEW_FORMAT/CashIncentives.htm. New Mexico:
Tax Deductions for Biomass Materials and Equipment
New Mexico allows the value of certain biomass-related equipment and
materials to be deducted when computing a qualifying entity's tax
liability under the state's Compensating Tax provisions. (Laws of 2005,
Chapter 179; House Bill 995—2005 Session)
New Mexico Renewable Energy Production Tax Credit >1 MW
CHP systems in New Mexico that run on biomass, landfills gas, animal
waste, etc. and that are at least 1 MW in capacity are eligible for a
corporate income tax credit of 1¢kWh, for the first 400,000 MWh/year.
(Section 7-2A-19 NMSA 1978)
New Mexico Energy Efficiency & Renewable Energy Bond Program
Counties or municipalities in New Mexico can apply to the New Mexico
Energy, Minerals and Natural Resources Department for an energy
assessment, and if an energy efficiency measure (including CHP) is shown
to result in cost savings then the county or municipality may issue
bonds to cover the measure.
See details.
New Mexico: Energy Performance Contracting
New Mexico has an Energy Performance Contracting law, and CHP
projects could be financed under the provisions of this statute. (See
Public Facility Energy Efficiency and Water Conservation Act, Section
6-23-1 et seq., NMSA 1978). Utah Renewable Energy Systems Tax
Credit
In Utah, most renewable-fueled CHP systems greater than 660 kW can get
0.35¢/kWh for 4 years.
See details.
Utah: Corporate Income Tax Credit for Biomass Systems
Utah's corporate income tax credit for biomass systems applies to
10% of the cost of installation of a system up to $50,000. See
www.energy.utah.gov/taxcred1.htm.
Utah Renewable Energy Sales Tax Exemption
Renewable-fueled CHP systems 20 kW or greater and expansions of 1 MW or
greater are exempt from Utah's state sales tax.
See details.
Wyoming Renewable Energy Sales Tax Exemption
See details.
|