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Renewable Energy Fund

Overview

The Renewable Energy Fund (REF) provides grants and loan opportunities for eligible renewable energy technologies for preliminary feasibility studies as well as direct residential, commercial, and municipal installations. Funding is also offered for new renewable energy business ventures and innovative development. The fund is supported by a surcharge on electric customers' bills. The REF program is currently administered by the Rhode Island Commerce Corporation with the Office of Energy Resources providing assistance in development of the rules and regulations and evaluation of submitted REF applications. The new REF rules and regulations were approved by the Economic Development Corporation Board in December 2012.

For further information about the REF program, click here


Commercial and small scale incentives are currently available through the Renewable Energy Fund. For further details, please visit the following link: http://commerceri.com/finance/REF.php


Additional Information and Resources

Notice of Rule Making and Public Hearing for the Renewable Energy Fund, PY 2014 - 2016

Results of 2013 Renewable Energy Fund - October 22, 2013