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Renewable Energy Fund (REF)

The Commerce RI Renewable Energy Fund (REF) is dedicated to increasing the role of renewable energy with business development and energy supply in Rhode Island's electric grid. The REF provides grants, loans and other financing options to 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, Commerce RI will fund renewable energy projects in 2013 in small-scale solar, feasibility studies and commercial development. Commercial development consists of direct project installations and early-stage commercialization of new technologies and business models.

Number of Records: 66

Project
Type
Award
Date
OER Commitments
Grant
$900,000.00
NA
Ocean SAMP
Grant
$3,200,000.00
NA
REF 1-093: United Natural Foods
Grant
$70,000.00
2009
REF 1-094: Wolcott
Grant
$7,683.00
10/14/2009
REF 1-095: The Fogarty Center
Grant
$0.00
10/14/2009
REF 1-096: Cooley Group
Investment
$200,000.00
10/14/2009
REF 1-098: Tomorrow Biofuels
Grant
$250,000.00
1/29/2010
REF 1-099: Slatersville Hydro
Grant
$200,000.00
10/7/2009
REF 1-100: SGE Engineers
Grant
$150,000.00
10/14/2009
REF 1-100: Hodges Badge Company
Grant
$225,000.00
10/6/2009
REF 1-100: DEM
Grant
$32,175.00
NA
REF 1-115: GEM Plumbing
Grant
$115,709.00
12/29/2009
REF 1-129: Environmental Packaging
Loan
$20,350.00
7/27/2010
REF 1-131: Millhaus
Grant
$75,000.00
12/21/2010
REF 1-131: Millhaus
Loan
$85,049.00
12/21/2010
REF 1-121: Toray Solar
Grant
$250,000.00
12/21/2010
REF 1-121: Toray Solar
Loan
$500,000.00
12/21/2010
REF 1-135: Arpin Van Lines
Grant
$249,955.00
1/26/2011
REF 1-135: Arpin Van Lines
Loan
$237,985.00
1/26/2011
REF 1-137: Safeway Auto
Grant
$62,500.00
3/11/2011
REF 1-137: Safeway Auto
Loan
$62,500.00
3/11/2011
REF 1-139: Solar Canopy
Investment
$120,000.00
5/23/2011
REF 1-141: CBC Wind
Investment
$26,467.00
4/25/2011
REF 1-145: PCS Utilidata
Investment
$500,000.00
2/10/2012
REF 2-100: New Shoreham - Town Hall
Grant
$70,065.00
7/27/2009
REF 2-104: East Greenwich School
Grant
$59,000.00
5/27/2010
REF 2-117: DEM 100kW
Grant
$137,500.00
2/28/2009
REF 3-103: DEM
Grant
$17,325.00
NA
REF 3-105: St. Antoine's
Grant
$33,000.00
7/28/2009
REF 3-106: Trinity Restoration
Grant
$23,760.00
7/29/2009
REF 3-107: Arkwright
Grant
$6,250.00
7/15/2009
REF 3-109: City of Providence
Grant
$7,500.00
7/27/2009
REF 3-110: North Kingstown Public School
Grant
$25,000.00
7/27/2009
REF 3-112: City of Warwick
Grant
$20,000.00
7/27/2009
REF 3-113: Coastal Housing Corporation
Grant
$34,500.00
7/15/2009
REF 3-114: East Bay Energy Consortium
Grant
$62,433.00
1/26/2011
REF 3-122: Town of Burriville
Grant
$40,000.00
6/30/2009
REF 3-123: Town of Narragansett
Grant
$20,000.00
6/30/2009
REF 3-125: Town of North Smithfield
Grant
$9,800.00
6/30/2009
REF 3-126: Valley Affordable Housing
Grant
$25,000.00
7/28/2009
REF 3-141: Essex Partnership
Grant
$50,000.00
4/2/2010
REF 3-143: City of East Providence
Grant
$50,000.00
12/28/2009
REF 3-144: Conservation Law Foundation
Grant
$60,000.00
5/24/2011
REF 3-114-2: East Bay Energy Consortium
Grant
$335,000.00
3/7/2011
REF 3-162: WBNA
Grant
$20,000.00
4/25/2011
REF 3-160: ASA MET Tower
Grant
$49,765.00
2/16/2011
REF 3-165: City of Providence
Grant
$259,460.00
6/25/2012
REF 3-166: RIRRC
Grant
$37,500.00
6/8/2012
REF 3-167: Town of Glocester
Grant
$18,881.00
6/8/2012
REF 4-101: Church Housing - 2
Grant
$100,000.00
7/27/2009
REF 4-104: West Elmwood Housing
Grant
$100,000.00
7/13/2009
REF 4-106: 176 Willow, LLC
Grant
$33,600.00
4/25/2011
REF 4-108: Church Housing - 4
Grant
$50,000.00
9/29/2011
REF ARRA 5-116: Tiffany & Company
Grant
$250,000.00
11/3/2011
REF ARRA 5-139: Toray Plastics
Grant
$250,000.00
11/3/2011
REF ARRA 5-129: Newport Biodiesel
Grant
$365,770.50
11/3/2011
REF ARRA 5-121: GWH PH II
Grant
$130,000.00
11/3/2011
REF ARRA 5-108: Tyde Farm
Grant
$18,311.00
11/3/2011
REF ARRA 5-137: Waterfalls Quick Lube
Grant
$20,003.00
11/3/2011
REF ARRA 5-125: Solect Energy Development
Grant
$325,000.00
11/3/2011
REF ARRA 5-133: Town of Jamestown
Grant
$111,775.00
11/3/2011
REF ARRA 5-135: WCRPC
Grant
$22,000.00
11/3/2011
REF ARRA 5-106: City of East Providence
Grant
$100,000.00
11/3/2011
REF ARRA 5-107: Business Innovation Factory
Grant
$167,500.00
11/3/2011
REF 5-101: REF - Alteris
Grant
$125,750.00
2/10/2012
REF 5-102: REF-WBNA
Grant
$500,000.00
2/10/2012
Total
$11,681,821.50

Data as of 11/20/2012