Inflation Reduction Act Breakdown

Inflation Reduction Act Breakdown

The world of clean energy received a monumental win earlier this month with the passage of the Inflation Reduction Act. The Inflation Reduction Act (IRA) will be the backbone of the United States’ effort to decarbonize our energy sector, spur clean energy implementation across all demographics, and significantly grow the clean energy economy.

Here is a breakdown of the bill’s elements:

Renewable Energy Generation

Investment Tax Credits

  • Residential Solar: 30% Investment Tax Credit (ITC) on project costs until the end of 2032, with a step-down of 26% in 2033 and 22% in 2034. Credits are retroactive for residential installations from 1/1/2022, meaning that homeowners who installed a solar array at any point in 2022 will qualify for the 30% ITC.
  • Commercial Solar: 30% ITC on project costs until the end of 2024 (ITC on commercial solar is also retroactive to 1/1/2022). Beginning in 2025, the ITC will be replaced by technology-neutral credits, with the following rules in place:
    • 6% base credit; bonus credits up to 30% of costs if the project meets union labor, prevailing wage, and apprenticeship requirements. These requirements do not apply to projects less than 1 megawatt (MW) in size.
    • 10% bonus credits if the project meets domestic content requirements.
    • 10% bonus credits if the project is sited in an “energy community” – a brownfield site or a community with a recent coal plant closure.
    • 10% bonus credits if the project is sited in a low-income community. This only applies to projects that are 5 MW and less.
    • 20% bonus credits if the project qualifies as directly serving a low-income residential facility or another economic benefit system.
    • Interconnection costs -for projects less than 5 MW- with the utility can be included in the credits.

Production Tax Credits

While the Investment Tax Credit applies to the upfront purchase of parts, materials, and labor, the Production Tax Credit (PTC) functions differently. This credit is a direct payment and applies to the production or output of the generation source. This generation source can be solar, wind, geothermal, biomass, and hydropower, to name a few. These credits are also retroactive from 1/1/2022.

Here is how the PTC breaks down:

  • Direct pay value: $0.026 per kilowatt-hour (kWh) starting in 2022; rate rises with inflation.
  • Bonus credit of 1.5 cents/kWh if union labor, prevailing wage, and apprenticeship requirements are met.
  • 10% bonus credits if domestic content requirements are met.
  • 10% bonus credits if the project is sited in an “energy community” – a brownfield site or a community with a recent coal plant closure.
  • The PTC is available for nonprofits, state and local governments, rural electric cooperatives, tribal governments, and/or other tax-exempt entities. These organizations previously did not qualify for the ITC.
  • PTC will also apply to utility-scale projects.
  • Credits are available for ten years after the project is placed into service.
  • Direct pay/PTC is not available for residential solar installations.
  • PTC is transferable after 2022; however not for individual taxpayers.
  • Commercial solar projects can choose either the ITC or the PTC.

 


Electric Vehicles

New EVs: (Effective 8/16/2022)

  • $7,500 tax credit to be divided into two separate credits:
    • $3,750 credit for electric vehicles with batteries produced in North America.
    • $3,750 credit for electric vehicles using a certain percentage of critical battery minerals extracted or processed in the U.S.
    • Vehicles meeting only one requirement will only be eligible for a $3,750 credit.
  • Vehicles must cost less than:
    • Vans < $80,000
    • Pickups and SUVs < $80,000
    • Cars < $55,000
  • Income requirements:
    • Joint tax return < $300,000
    • Head of household < $225,000
    • Single-payer < $150,000
  • Credit will eliminate the limit of 200,000 vehicles per manufacturer.

Commercial Clean Vehicles: (Effective 01/01/23)

  • Up to $40,000 tax credit for commercial electric vehicles.

Used EVs: (Effective 01/01/2023)

  • $4,000 tax credit or 30% of the vehicle’s sale price.
  • The vehicle’s model year must be at least two years older than the current “new” model year.
  • Vehicle cost must be less than $25,000.
  • Income requirements:
    • Joint tax return <$150,000
    • Head of household <$112,300
    • Single-payer <$75,000
  • Used EV tax credits will continue until the end of 2032.

EV-Charging:

  • Credits for EV-charging equipment and infrastructure will increase up to $100,000.
  • Equipment must be located in a qualified census tract, with similar bonus credits if prevailing wage and apprenticeship requirements are met.
  • A direct pay or PTC option is available for charging with transferrable credits.
  • Credits will be available until 2032.

 


Battery Storage

Effective as of 1/1/2023

  • 30% ITC for the cost of installation; credits last until 2033. To qualify, batteries must be larger than 3kWh for residential installations and larger than 5kWh for commercial installations.
  • Commercial battery credits have similar sliding scales as other ITC items: baseline of 6% with increasing credits for prevailing wage, labor, location, etc.
  • Battery storage systems will no longer need to be coupled with solar generation systems to qualify for tax credits.

Energy Efficiency and Electrification

Effective as of 1/1/2023

Federal Tax Credit

  • Heat Pumps: 30% of costs, up to $2,000
  • Electric Upgrades: 50% of costs, up to $1,200/year
Upfront Discounts
  • Incentive levels and eligibility are determined by income
  • Heat Pumps: rebates for up to $8,000
  • Electric Upgrades: up to $4,000 for breaker boxes/electric service; $2,500 for wiring, and $1,600 for insulation/venting/sealing

 


Manufacturing and Production

Effective as of 1/1/2023

  • $30 billion in PTC to manufacture solar panels, trackers, inverters, wind turbines, batteries, and other critical minerals.
    • Solar PV cells – $0.04/watt
    • Solar-grade polysilicon – $3/kg
    • Solar modules – $0.07/watt
    • Wind components – 10% of the sales price
    • Battery cells – $35/kWh
    • Critical minerals – 10% of the cost of production
  • $10 billion in ITC funding for building new facilities to manufacture clean energy products; $4 billion of these funds must be allocated to “energy communities.”
  • $500M for manufacturing heat pumps and processing of critical minerals necessary for heat pump production.

Other Items

  • Carbon Sequestration Credits (ITC or PTC) for facilities that begin construction before 2033 and provide direct air capture of carbon dioxide. Credits will be issued by a metric ton of carbon capture.
  • Clean Hydrogen – credits for production -by unit- of green and blue hydrogen that can be used to offset traditionally carbon-based fuels.
  • Sustainable Aviation Fuel – credits for SAF produced by unit (gallon) with increasing credits based on a percentage of greenhouse gas reduction.
  • Biodiesel/Alternative Fuels – production credits for fuels produced based on life-cycle emission levels.
  • Methane Fees – fees imposed by EPA for facilities that emit more than 25,000 metric tons of CO2 annually.

Additional Provisions

  • $500 million for the Defense Production Act, some of which could be used for solar manufacturing.
  • Greenhouse Gas Reduction Fund totaling $29 billion overseen by the Environmental Protection Agency.
  • Climate Pollution Reduction Grants to state and local governments totaling $5 billion.
  • Environmental and Climate Justice Block Grants: $3 billion for disadvantaged communities.
  • $2 billion in loan authority for new transmission construction in designated national interest corridors.
  • $760 million for the Department of Energy to issue grants to state, local or tribal entities to facilitate siting of high-voltage interstate transmission.
  • Additional $1 billion for rural renewable energy electrification loans and expansion of the program to include storage.
  • Additional $1 billion for Rural Energy for America Program (REAP), with total grants limited to 50% of the total cost of an eligible project.
  • $9.6 billion for loans and financing for rural co-ops to purchase renewable energy, generation, zero-emission systems, and related transmission, limited to 25% of total cost.
  • Incentives for build-out of electric vehicle charging networks.
  • Extension, expansion, and changes to electric vehicle tax credits, including a new credit for purchasing used EVs.

Conclusion

Much of the implementation and administration of the Inflation Reduction Act is still not understood. This document is meant to summarize the items in the bill that RENEW Wisconsin considers particularly important to the clean energy transition in our state.

For additional information, please utilize the following resources:

Please contact Sam Dunaiski (sam@renewwisconsin.org) with questions.

2022 Ride with RENEW in Eau Claire, Wisconsin

2022 Ride with RENEW in Eau Claire, Wisconsin

On Sunday, May 22, RENEW Wisconsin, with presenting sponsor, Xcel Energy, hosted the 9th Annual “Ride with RENEW” bike ride fundraiser in Eau Claire, WI. Starting at Carson Park, the 16-mile route featured the Chippewa River State Trail and Lakeshore Trail. Over 20 riders enjoyed a chilly spring day pedaling and learning about the innovative renewable energy installations powering Eau Claire, Wisconsin.

The first stop of the 2022 tour was Solar Forma. Brian Graff showed riders the company’s unique solar designs, including E-cacia trees, their signature product. Solar Forma wants to expand its solar designs to include a solar “wave” carport with electric vehicle charging.

Next, riders visited Xcel Energy’s Sky Park Solar Garden. Julie Thoney and Zeus Stark provided an up-close look at the 1MW community solar garden at Sky Park, and riders also learned about Xcel’s three other Wisconsin community solar gardens. Xcel was the first investor-owned utility in the country to propose a net-zero carbon goal. They’re looking to expand their renewable portfolio in all operating states, including Wisconsin.

The next stop on the ride was Chippewa Valley Technical College (CVTC) Energy Education Center. Adam Wehling and Zeus Stark showed riders a variety of renewable energy generation sources on display, including several solar layouts and multiple small wind turbines, which is the same equipment CVTC uses in their class lessons. Riders also heard from Claire Lindstrom from the Couillard Solar Foundation about their work to make solar more accessible to public schools and mission-based organizations throughout the state. The Couillard Solar Foundation supplied 80 kilowatts of solar panels to CVTC, which provides approximately 40% of the electricity consumed at the Energy Education Center.

The final stop of the 2022 Ride was the home of long-time friend and former board member of RENEW, Ellen Terwilliger. Over the last decade, Ellen and her husband Steve installed four geothermal wells for heating and 15 kilowatts of solar PV, offsetting around 80% of their energy needs. The property also contains electric-vehicle charging, native prairie grasses, and several rain barrels. The Terwilligers even removed and reinstalled a south-facing rooftop to optimize their solar panels!

Our 2022 Ride with RENEW ended back at Carson Park with Toppers pizza and a brief address from Jim McDougall discussing his work to install solar on Eau Claire schools. Thanks to Eau Claire, local Ride leader Jeremy Gragert, and all of our riders, donors, and sponsors. Stay tuned for information on our 2023 Ride!


2022 RIDE WITH RENEW SPONSORS

2019 Ride with RENEW in the Fox Cities

2019 Ride with RENEW in the Fox Cities

On Saturday, September 14th, our 7th Annual “Ride with RENEW” bike ride, held in the Fox Cities this year, was a huge success!

We started the morning at Prairie Hill Park in Grand Chute with 40 determined bike riders and 12 wonderful young ladies from the Girl Scouts of the Northwest Great Lakes!  The State Representative for the area, Amanda Stuck, welcomed our riders by talking about the importance of energy, and how easy it has become to take advantage of clean energy sources.

Our bike riders and Girl Scouts then set out for the Bubolz Nature Center where we explored their solar panels and microgrid, built and operated by Faith Technologies, who walked us through this one-of-a-kind facility in Wisconsin. The microgrid includes a lithium battery, a hydrogen fuel cell, and a generator, and the facility runs off the solar panels and renewable storage most of the time.

Next we biked 10 miles to Evergreen Credit Union which has become a regional leader in sustainability. With solar panels covering its roof, Roni Kasperek of Evergreen described the credit union’s migration to becoming a clean energy leader and how sustainability is a core value of the organization.

We turned Schildt Park into a clean energy mecca at lunch!  Featuring pizza from Glass Nickel Pizza, we were fortunate to have the Ripon Lego League join us as they collected data from our bike riders to help them with their Lego challenge of designing a sustainable community!  Our riders engaged in the Lego League’s survey, created to help the kids better understand bikers’ safety needs and how a city could better support bicycling.  The Lego League kids did a great job helping to serve lunch and engage with our bikers!

In addition, we had an electric vehicle exposition featuring 9 vehicles from 5 car brands that drive with electricity, instead of gasoline. This technology is advancing and many new types of affordable electric vehicles are coming out soon.  We loved showing these cars off to our bike riders and a few members of the public, and the vehicle owners loved chatting about how much they enjoy driving electric.

After lunch we saw small wind turbines at Essity (formerly SCA Tissue) right along the bike path.  These 4 turbines were designed and installed by a former Wisconsin company called Renewegy (which is unfortunately no longer in business).  Next we headed to Heckrodt Wetland Reserve in Menasha where we learned about their tremendous efforts to preserve this part of the state and how solar power is a sustainable part of their growth.

We next saw an innovative solar carport at the Petit and Dommershausen law offices in downtown Menasha, where were treated to a much-needed snack.  Then we biked to RiverHeath, which is a new development in Appleton right along the Fox River.  Mike Barnett of HGA described an innovative use of geothermal energy, designed by HGA and installed by G.O. Loop, that uses the temperature of the water to provide heating and cooling to the new buildings in the RiverHeath complex.

Last, but certainly not least, we biked to the first power plant in Wisconsin that delivered electricity to a customer. We were greeted by “Thomas Edison,” a generous measure provided by the Appleton Historical Society, who helped explain the origins of the Vulcan Street Hydropower Plant which was put into service in 1882 and provided electricity for lights at paper manufacturing plants as well as one home.

The actual Vulcan plant burned down in 1889.  The Appleton Historical Society, as well as Ford Motor Company, contributed many hours and, in Ford’s case, equipment, to allow this replica of the original hydropower plant in Wisconsin to stand and to give visitors like us the opportunity to learn about Wisconsin’s energy history and see it in action.

Finally, we arrived back at Prairie Hill Park, where we enjoyed beer from Central Waters based in Amherst and celebrated a great event with our riders!  The weather was outstanding, and we can’t wait to plan next year’s Ride with RENEW.

Four of RENEW staff members joined Board member Jim Funk of Energize LLC as he showed off one of Wisconsin’s earliest examples of “bi-facial” solar panels – panels that can receive light from both sides of the panel to create electricity.  This installation at a carport has served as a beautiful visual example of solar energy in the Fox Cities since 2010.  For example, check out the very cool design when our staff member Jim Boullion’s car was parked underneath the panels.

Check out our Facebook photo album to see more images of the ride!

Thank you again to all of our sponsors, shown below, all the bike riders, the Girl Scouts, Lego League, and everyone who donated to support our riders and helped us raise over $17,000 to continue our education, advocacy, and collaboration to advance renewable energy in Wisconsin!

2019 RIDE WITH RENEW SPONSORS

Fox Cities Gear up for  RENEW Wisconsin Bicycle Tour

Fox Cities Gear up for RENEW Wisconsin Bicycle Tour

Ride with RENEW to highlight area renewable energy projects.

On Saturday, September 14th, RENEW Wisconsin will host its 7th annual “Ride with RENEW” bicycle tour of renewable energy projects in Appleton, Grand Chute, Neenah, Menasha, and Fox Crossing, WI.  All event proceeds support RENEW Wisconsin’s ongoing work to advance renewable energy in Wisconsin.

Riders will travel approximately 30 miles on paved roads and bike paths to visit solar, geothermal, wind, and hydropower energy generation facilities in the area. Riders can also participate in an electric vehicle “ride and drive” event as part of National Drive Electric Week.

Riders will depart from Prairie Hill Park at 9 AM. The total tour time will be approximately 7 hours (including stops at renewable energy sites) and actual riding time will be approximately 3 hours. Those not able or wanting to bike the ride can register as a non-biker and can use their own vehicles to transport themselves to the various tour stops.

Participants will get an inside look at some of the area’s leading renewable energy projects and will enjoy breakfast, lunch, and beverages along the way. They will visit with installers and workers who are advancing renewable energy every day, and hear from customers about why clean energy works for their businesses and communities.

The day’s tour will include stops at the following clean energy facilities:

  • Gordon Bubolz Nature Preserve – The Gordon Bubolz Nature Preserve is a 700-acre facility used for recreation, conservation, and education. In July 2018, the nature preserve unveiled its new clean energy microgrid composed of solar panels, battery system, and software system.
  • Evergreen Credit Union – With a mission to be the most environmentally responsible credit union in the nation, Evergreen Credit Union installed a solar array at their Appleton facility. The solar array produces enough electricity to satisfy 85% of the credit union’s annual electricity demand.
  • Electric Vehicle Ride and Drive at Schildt Park (Neenah) – As part of National Drive Electric Week, join RENEW Wisconsin and many Fox Valley sustainable businesses to learn about and test drive electric vehicles and electric bicycles. The event will overlap with Ride with RENEW’s lunch hour.
  • Essity Wind Turbines – Essity is a global company that manufactures hygiene and health products. In 2007, Essity installed a 20 kW solar PV system, and in 2010, Essity installed four wind turbines that generate 80 kW of energy.
  • Heckrodt Nature Preserve – Heckrodt Wetland Reserve, a  Solar for Good grant recipient, is a 76-acre urban nature reserve. In 2018, Heckrodt installed a 19.6 kilowatt solar panel system to offset 5,000 pounds of CO2 emissions.
  • Petit & Dommershausen, SC Law Offices – The Petit & Dommershausen Law Offices have embraced solar energy at their Menasha and Oshkosh locations. After installing a 20.7 kW solar carport array at their Menasha location in the fall of 2017, Petit & Dommershausen is offsetting approximately 81% of their Menasha office’s annual electricity usage.
  • RiverHeath – RiverHeath Community is a vibrant apartment and retail area that was redeveloped from an urban brownfield site on the Fox River. Buildings utilize an innovative river based geothermal heating and cooling system that minimizes the site’s energy use and carbon intensity while reducing first costs compared to a conventional ground source geothermal system.
  • Vulcan Street Plant – The Vulcan Street Hydroelectric Central Station, the world’s first Edison hydroelectric central station, began operation in 1882 in Appleton. The output of the original generator was about 12.5 kilowatts. In 1891, the plant burned down, and a replica of the plant was later built on South Oneida Street.
  • Schmidt Brothers Solar Canopy (add-on stop for non-bikers) – This 20kW Bi-Facial Solar Cantilevered Parking Canopy benefits from added generation from reflection below when snow covers the lot and when white or other light-colored vehicles park beneath it. The cantilevered design was specifically implemented to provide open and clear access to all parking spaces.
  • The ride will conclude at Prairie Hill Park for refreshments at around 4:00 p.m.

Registration for the ride is open through September 14th. The cost is $45 for members of RENEW Wisconsin, $55 for non-members, and $75 to both register for the ride and become a member of the organization for one year.  All donations to RENEW Wisconsin for this charity bike ride are matched up to $15,000 by generous donors John & Mary Frantz of Madison!

Individuals and businesses can donate to RENEW Wisconsin or in support of a rider, donate to RENEW to contribute towards a $15,000 matching donation, or volunteer on ride day.

“We are very excited to tour some of the Fox Cities’ great renewable energy projects on Saturday, September 14th,” said Tyler Huebner, Executive Director of RENEW Wisconsin. “This tour allows us to showcase a variety of ways to produce homegrown, clean energy right here in Wisconsin and for our team to engage with renewable energy advocates in the Appleton area. We’ll be learning about wind, solar, geothermal, and a hydropower plant that is part of renewable energy history as being the first electric production in Wisconsin. This is a really fun event where you can meet great people, help a good cause, and learn together about clean energy in Wisconsin.”


Sponsors of the Event include Eland Electric, Energize LLC, HGA, North Wind Renewable Energy Cooperative, Appleton Solar, Arch Electric, Clean Fuel Partners, G.O. Loop, Petit & Dommershausen, SC Law Offices, RiverHeath, Velocity, Wegner CPAs, 4imprint, Central Waters Brewing Company, Chain Reaction Cyclery, Glass Nickel Pizza Co., and Sturdy Bag Designs.

Milwaukee Gears up for RENEW Wisconsin Bicycle Tour

Milwaukee Gears up for RENEW Wisconsin Bicycle Tour

September 29 event to highlight area renewable energy projects.

Madison, WI – On Saturday, September 29th, RENEW Wisconsin will host its 6th annual “Ride with RENEW” bicycle tour of renewable energy projects, with this year’s ride taking place in Milwaukee, WI.  All event proceeds support RENEW Wisconsin’s ongoing work to advance renewable energy in Wisconsin.

Riders will travel approximately 25 miles on paved roads and bike paths to visit innovative wind, solar, geothermal, and biogas energy generation facilities in Milwaukee.

The total tour time will be approximately 6 hours (including stops at renewable energy sites) and actual riding time will be 2 to 3 hours.

Participants will get an inside look at some of the area’s leading renewable energy projects and will enjoy breakfast, lunch, and beverages along the way. They will visit with installers and workers who are advancing renewable energy every day, and hear from customers about why clean energy works for their pocketbooks and their businesses.

The day’s tour will include:

  • Gather at Ingeteam parking Lot a 9:00 a.m. departure. – Ingeteam has a LEED Gold, 138,000 square foot industrial facility and is a leading manufacturer of wind and solar energy products.
  • Milwaukee Public Museum MPM features 234 solar panels on its south-facing tower wall. The panels are linked to a kiosk located on the ground floor that provides near-real-time data on the energy generated by the panels.
  • Discovery World Science and Technology Center Discovery World at Pier Wisconsin is a youth-oriented science and technology museum and aquarium in downtown Milwaukee and features geothermal heating and cooling.
  • Port of Milwaukee Wind Turbine – The City of Milwaukee’s Environmental Collaboration Office (ECO) and the Port of Milwaukee partnered to install a 100 kilowatt wind turbine at the Port. Installed by Kettle View Renewable Energy, the turbine provides more than 100 percent of the electricity needed by the Port administration building.
  • Escuela Verde – This public charter school, designed to support students interested in sustainability, student-led learning, and restorative justice, was a recipient of a 2017 Solar for Good grant. In 2018, 60 solar panels were installed by SunVest and Current Electric on the roof of the school.
  • School Sisters of Saint Francis – The Milwaukee branch of the School Sisters of Saint Francis partnered with Arch Electric to install 1,086 solar panels on the rooftop of the St. Francis Sacred Heart building in 2017. Producing 375 kilowatts of solar, the solar array is able to help offset more than 12 percent of the electricity consumed at the Sacred Heart facility.
  • Potawatomi Biodigester This waste-to-energy project converts waste materials generated by the food and beverage industries to electricity. The electricity produced is sold to WE Energies as renewable energy.
  • The ride will conclude at City Lights Brewery for refreshments at around 4:00 p.m.

Registration for the ride is open through September 28th. The cost is $40 for members of RENEW Wisconsin, $50 for non-members, and $70 to both register for the ride and become a member of the organization for one year.  All donations to RENEW Wisconsin for this charity bike ride are matched up to $15,000 by generous donors John & Mary Frantz of Madison!

Individuals and businesses can donate to RENEW Wisconsin or in support of a rider, sign on as an event sponsor, or volunteer on ride day.

“We are very excited to tour some of Milwaukee’s best renewable energy projects on Saturday, September 29th,” said Tyler Huebner, Executive Director of RENEW Wisconsin.  “This tour allows us to showcase a variety of ways to produce homegrown, clean energy right here in Wisconsin including wind, solar, and even food waste. This is a really fun event where you can meet great people, help a good cause, and learn together about clean energy in Wisconsin.”

Sponsors of the Event include Arch ElectricHGA, SunVest, Bounce Milwaukee, Discovery World, Milwaukee County, Summit Credit Union, SunPeak, UW Engineering Professional Development, Current Electric, H&H, Milwaukee Shines, Wegner CPAs, and Open Circle Unitarian Church – Fond du Lac.

There is still time to sponsor if your business or organization wishes to do so.

 

A Victory for Renewable Energy in Wisconsin

A Victory for Renewable Energy in Wisconsin

Focus on Energy’s Renewable Energy Program Funded for 2019-2022

Today, the Public Service Commission of Wisconsin made preliminary decisions to allocate approximately $5.5 million in incentives per year to the renewable energy programs within “Focus on Energy” for the years 2019 through 2022.

The decisions came as part of the four-year planning process for the Focus on Energy program. Focus on Energy delivers incentives and education to help utility customers reduce energy usage and save money through energy efficiency and renewable energy technologies and projects. The total budget for the statewide Focus on Energy program is approximately $100 million annually.

RENEW Wisconsin’s Executive Director Tyler Huebner stated, “Today’s decisions to fund the Focus on Energy renewable energy incentive programs at adequate budget levels will set up the solar, geothermal, small wind, and bioenergy markets for a successful four-year period.  We advocated for a consistent, predictable program and the PSC delivered, which is a win for customers and the growing industry of small businesses who do this work all across the Badger State. Based on recent experience, this level of funding should incentivize approximately 2000 homes and perhaps 600 or more businesses and nonprofits as they pursue renewable energy projects throughout the next four years.”

“Renewable energy creates jobs in Wisconsin, develops home-grown power sources, and enables a cleaner environment for future generations,” said Huebner.

Today’s verbal decisions and discussion:

• Allocated approximately $5.5 million per year for renewable energy incentives for 2019-2022.
• Established that four sub-markets will be served:  residential, small business, mid-sized business, and larger business projects. The mid-sized business program will be new for 2019.  Nonprofits and local governments fall into the “business” categories as well.
• Allows flexibility to meet market demand in these four sub-markets
• The residential and small business programs will continue to be first-come, first-serve programs.  The mid-sized business and large business programs will start out being run through a request-for-proposal process.
• A study being conducted on the renewable energy programs may inform improvements to the program when it is completed.
• Opportunities to support rural and agricultural communities using $5 million in unspent funds will be explored, with a staff memorandum on possible options to be developed by July 1.  $20 million was previously allocated towards biodigesters, with $15 million being awarded to the BC Organics project in Brown County in 2016.

“The Commissioners definitely heard the collective comments of our industry and stakeholders to make the renewable energy program as streamlined and business-friendly as possible.  RENEW Wisconsin will continue to work with the Commission, PSC staff, and the Focus on Energy program administrators to make the programs simple for customers and the renewable energy marketplace, while ensuring cost-effective outcomes,” said Huebner.

Want to champion renewable energy victories like this?