Commercial, Industrial
& Institutional Initiative
This initiative is in the process of being redeveloped as the Large Onsite Renewables Initiative (LORI).
The tentative schedule is as follows:
New LORI Solicitation released: |
October |
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1st Round of Applications due: |
December |
1st Round Awards: |
Early 2006 |
The tentative funding available for the 1st Round of Feasibility and Design & Construction: $3.5 Million
Highlights of the LORI:
- Public projects will be eligible in addition to commercial, industrial, and institutional projects.
- Design & Construction funding calculated by Incentive Matrix
- Design costs capped at $75,000 or 75% of actual costs
- Construction costs capped at $500,000 or 75% of actual costs
- Incentive Matrix expanded to include added incentives for all technologies
- Design costs capped at $75,000 or 75% of actual costs
- Feasibility funding capped at $40,000 requiring cost-share of at least 20% or $5000, whichever is less.
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Commercial, Industrial
& Institutional Initiative
The objective of the Commercial, Industrial & Institutional Initiative (CI3) was to investigate and demonstrate the application of renewable energy technologies that are appropriate for the commercial, industrial, and institutional market sectors. MTC sought to focus this initiative on where and how these large energy users can use renewable energy to generate electricity on-site where it has the greatest value as an offset to power purchases and/or relief of grid congestion.
CONTACT:
Commercial, Industrial & Institutional Initiative Coordinator
ci3@masstech.org
508.870.0312 x 263

