Home / Finance My Business / Renewable Energy Fund

Renewable Energy Fund

REF Programs:

Commercial Scale Projects | Small Scale Projects | Pre-Development Feasibility Studies | Early Stage Commercialization | Community Renewables

 

Funding Level Information

Submission Period Funding Cap
Remaining Balance
(As of 10/16/2017)
January 9, 2017 $2,200,000 CLOSED
April 3, 2017 $500,000 CLOSED
August 21, 2017 $1,400,000 CLOSED
*This is the total amount for all REF grant programs. An update will be made frequently under the ‘remaining balance’ column. May be subject to change.

Items Updated

  • Updated on 10/16/17
    1. Small-Scale application is currently Closed

About REF

The Commerce Corporation Renewable Energy Fund (REF) is dedicated to increasing the role of renewable energy throughout the state. The REF hopes to develop an integrated organizational structure for RI and its citizens to reap the full benefits of the cost-effective renewable energy development from diverse sources.

REF provides grants for renewable energy projects with the potential to make electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors of Rhode Island’s economy. Using funds from the “system benefit charge” on electric bills and Alternative Compliance Payments, the Commerce Corporation funds renewable energy projects in Small-Scale solar, Commercial Scale, and Community Renewables.

Contact our staff to find out more.

REF Educational Materials

Renewable Energy Fund applicant process

Also, check out these links for further information:

Rules & Regulations effective 1/26/17 | Minimum Technical Requirements

RI OER Renewable Energy Professional Certificates | Solarize RI

CY2016 Financial and Performance ReportCY2015 Financial and Performance ReportCY2014 Financial and Performance Report

Contact Us

Main Contact Information
Main Contact Information To speak with a Commerce Corporation expert, please email us at client.services@commerceri.com. We're happy to assist you.

Success Stories

Baby Greens

Baby Greens was founded by Jeffrey Kamminga in 1993 in North Kingstown, RI. The farm consists of four energy-efficient greenhouses used to grow sustainably

Learn More
  • This field is for validation purposes and should be left unchanged.