Time-sensitive alert: Apply for these Focus on Energy incentives by Oct. 13August 24, 2017
Focus on Energy, Wisconsin’s energy efficiency and renewable resource program, recently issued a request for proposals under its Renewable Energy Competitive Incentive Program (Program). The Program offers incentives to eligible applicants for the installation of cost-effective renewable energy facilities at eligible applicant facilities. Applications are due Oct. 13, 2017 by 5:00 PM CDT. If you act now, particularly on a solar photovoltaic project, you may still have time to apply.
Importantly, applicants may be able to pair Focus on Energy incentives and rebates with other programs and incentives, such as Property Assessed Clean Energy (PACE) financing, U.S. Department of Energy grants, U.S. Department of Housing and Urban Development grants or U.S. Department of Agriculture Rural Energy for American Program (REAP) grants, as well as, in some cases, valuable 30% investment tax credits.
High level details about the available incentives are as follows:
The Focus on Energy incentives may not exceed 50% of the total project cost. The maximum combined incentives a selected applicant may receive from Focus on Energy are capped at $400,000 per calendar year.
All non-residential ratepayers of electric or gas utilities that participate in Focus on Energy (e.g., businesses, non-profits, municipalities, tribes, schools, farms, etc.).
Eligible renewable technologies
Not to exceed 125% of either kWh and/or Therms consumed by the selected applicant in a given year (except for biogas projects).
Oct. 13, 2017 by 5:00 PM CDT
Godfrey & Kahn has worked with numerous clients to successfully obtain competitive Focus on Energy and other significant funding for solar, biogas, wind and other renewable energy projects. For example, earlier this year, we assisted a client successfully obtain over $300,000 through the Focus on Energy program. For more information about the above Focus on Energy and/or other renewable energy financing opportunities, please feel free to contact any member of the firm's Environmental or Energy Strategies Practice Groups.