Skip Navigation

The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

US Department Energy Efficiency and Renewable Energy
IREC North Carolina Solar Center
Home Glossary Links FAQs Contact About Twitter    Facebook
Massachusetts

Massachusetts

Incentives/Policies for Renewables & Efficiency

Printable Version
Renewable Energy Trust Fund   

Last DSIRE Review: 06/04/2012
Program Overview:
State: Massachusetts
Incentive Type: Public Benefits Fund
Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Municipal Solid Waste, CHP/Cogeneration, Storage/conversion techs connected to renewables, Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Ocean Thermal, Renewable Fuels, Fuel Cells using Renewable Fuels
Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Utility, Agricultural, Institutional
Types:Renewables
Total Fund:$150 million over a five-year period (1998-2002); $25 million per year from 2003 to 2010 and $23 million starting in 2011.
Charge:$0.0005 per kilowatt-hour (0.5 mill/kWh) in 2003 and in each following year
Web Site: http://www.masscec.com/
Authority 1:
Date Enacted:
Date Effective:
M.G.L. ch. 25, § 20
11/25/1997
3/1/1998 (subsequently amended)
Authority 2:
Date Enacted:
Date Effective:
M.G.L. ch. 23J, § 9
11/23/2009
11/23/2009 (subsequently amended)
Summary:

The renewable energy fund, known as the Massachusetts Renewable Energy Trust Fund, is supported by a non-bypassable surcharge of $0.0005 per kilowatt-hour (0.5 mill/kWh), imposed on customers of all investor-owned electric utilities and competitive municipal utilities in Massachusetts. (Non-competitive municipal utilities generally may opt into the Fund by agreeing to the same provisions that apply to investor-owned utilities and competitive municipal utilities.) The Massachusetts Clean Energy Center, a quasi-public research and development entity, administers the Fund with oversight and planning assistance from the Massachusetts Department of Energy Resources (DOER) and an advisory board. The Fund does not have an expiration date.

The Fund may provide grants, contracts, loans, equity investments, energy production credits, bill credits and rebates to customers. The fund is authorized to support “Class I” and “Class II” renewables, which generally include solar photovoltaics (PV); solar thermal electric energy; wind energy; ocean thermal, wave or tidal energy; fuel cells utilizing renewable fuels; landfill gas; energy generated by certain existing hydroelectric facilities up to five megawatts in capacity; certain waste-to-energy which is a component of conventional municipal solid waste plant technology in commercial use; low-emission advanced biomass power conversion technologies using fuels such as wood, by-products or waste from agricultural crops, food or animals, energy crops, biogas, liquid biofuels; marine or hydrokinetic energy; and geothermal energy. In addition, the fund may support combined heat and power (CHP) systems less than 60 kilowatts (kW) and solar hot water.

The Fund is required to transfer, upon the written request of the governor, moneys in the fund, in an amount not exceeding $17 million in the aggregate, for deposit in the state's general fund. In turn, the state must use any transferred money to enter into long-term contracts for the purchase of renewable energy. The maximum payment in any fiscal year under all such contracts is limited to $5 million.

Additional information regarding the Fund and the programs it supports is available on the Fund’s web site, listed above.

History

Massachusetts's 1997 electric-utility restructuring legislation created separate public benefits funds to promote renewable energy and energy efficiency for all customer classes. Both funds were significantly revised by legislation enacted in July 2008 (The Green Communities Act S.B. 2768). In 2009, the Massachusetts Clean Energy Center became the administrator of the Renewable Energy Trust Fund. Previously, the Trust Fund was administered by Massachusetts Technology Collaborative. For a thorough report on the history of the fund under the Massachusetts Technology Collaborative administration, please refer to the Renewable Energy Results for Massachusetts: A Report on the Renewable Energy Trust Fund 1998–2008. The Massachusetts Technology Collaborative's last annual report is from 2009. See Massachusetts Technology Collaborative 2009 Annual Report.

Massachusetts also established a renewable portfolio standard (RPS) through restructuring in 1997. It was the first state to have enacted both an RPS and a public benefits fund for renewables.


 
Contact:
  MassCEC Information
Massachusetts Clean Energy Center
55 Summer Street, 9th Floor
Boston, MA 02110
Phone: (617) 315-9355
E-Mail: info@masscec.com
Web Site: http://www.masscec.com
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.