Incentives available for renewable energy projects

Posted on Mar 14, 2011 :: Insight on Business, Web Exclusive.
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Businesses across Wisconsin can compete for incentives for large renewable energy systems in a contest sponsored by Focus on Energy.

Focus on Energy, Wisconsin utilities' statewide program for energy efficiency and renewable energy, is hoping to encourage Wisconsin businesses and organizations to apply for funds to help implement large renewable energy systems.

Businesses can receive an incentive of up to 30 percent of the project costs to complete a renewable energy project that is well-researched, documented, and justified. Eligible, large-scale renewable energy systems may include: solar electric, solar hot-water, wind electric, biomass energy, and anaerobic digestion (biogas).

"Renewable energy technology offers businesses deeper energy cost savings after energy efficiency measures are implemented," says Ken Williams, Focus on Energy's business programs director. "Focus' large renewable energy competitive incentives help businesses defray some of the upfront investment cost of a renewable energy system, resulting in a quicker payback."

Applications and additional details are available here. Applications are due by April 30.