Production Incentives for Farmers
Central Vermont Public Service Corporation (CVPS), 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. CVPS purchases electricity and renewable energy credits at 95% of the Locational Marginal Price of generation published by ISO New England, plus an additional $0.04 per kWh. Eligible systems must be connected to the grid, although net metering is not available under this arrangement. CVPS sells the renewable energy credits (RECs) generated under this arrangement as part of CVPS 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. Contact: Central Vermont Public Service Corporation, 77 Grove Street, Rutland, VT 05701; 802-747-5681; http://www.cvps.com/
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