870 R.I. Code R. 870-RICR-20-00-1.5

Current through December 3, 2024

Section 870-RICR-20-00-1.5 - General Requirements

A. Entities eligible to apply for REF programs shall submit a complete REF application. Applications shall be found on the Corporations website. Information for those programs that are established and implemented in partnership with the OER or other state agencies shall be found on the websites of the agencies involved.

B. Applications for programs listed under § 1.2 of this Part will only be accepted during open solicitation periods. Solicitations and schedules for future solicitations can be found on the Corporation's website.

C. Incomplete applications will be returned to the applicant and will not be considered for approval until the Corporation receives a complete version.

D. All applicants seeking funding through the REF for renewable energy projects must install projects in Rhode Island and generate electricity for use in Rhode Island. Companies must also be registered to do business in Rhode Island to be eligible.

E. All applications must be for new projects. No projects underway or complete at the time of applying shall be eligible for funding unless approved otherwise. "Addon systems" to an existing interconnected project which received REF funding since January 2013 on the same meter will not be allowed.

F. Projects participating in the National Grid Renewable Energy Growth Program will not be eligible for the REF programs.

G. REF funding may be combined with Regional Greenhouse Gas Initiative (RGGI) funding programs and/or renewable energy funding programs administered by the Federal Government.

H. Award Process (excluding workforce development)

1. The Corporation board of directors may approve projects. The board may also delegate approval to the Corporation staff to the greatest extent permissible by law.

2. Award letters shall be sent to applicants after approval.

3. Contracts in a form acceptable to the Corporation shall be executed between the Corporation and the Applicant

4. Work may begin on Projects after the contract has been executed

5. All grants for construction projects will be paid in full after successful completion and inspection of the Project.

6. All loan disbursements will be made in manner that is mutually acceptable to the Corporation and the borrower as agreed to in the loan agreement.

7. The Corporation in its sole discretion may cancel an award if mutually agreeable terms cannot be met.

I. If an applicant fails to provide and/or complete requested documentation within 60 days of the award letter being issued, the award shall be cancelled.

870 R.I. Code R. 870-RICR-20-00-1.5

Amended effective 2/21/2019