Following this Knollwood Energy announcement, please read update from the Massachusetts Clean Energy Center.
From Knollwood Energy: We would like MA residents to know that Knollwood Energy of MA is an active aggregator in the APS Renewable Thermal Program. We will monetize the Alternative Energy Credits (AECs) that your system will generate. Knollwood Energy of MA manages eligible systems of all sizes from the smallest systems that are eligible for minting a onetime lump sum incentive, and intermediate and large systems who receive an ongoing quarterly incentive.
Eligible Technologies: Solar Thermal Heat Pump, Woody Biomass, Automatically fed biomass boilers and furnaces, Wood pellets, chips, Blended or pure biogas (methane) and biofuels (liquids), Compost Heat Recovery.
Knollwood Energy is a family run business and one of the largest aggregators in the country. We have been monetizing credits since 2006. Client satisfaction is our primary focus. Knollwood Energy provides all of our customers with the same high level of service which has earned us multiple referrals and high customer retention. Our experience, size and direct relationship with the buyers enables us to maximize the revenue for all of our customers. We transform the individual system into a large institutional seller by combining our customer’s credits. We buy credits from residential and commercial systems, bundle them and sell them in bulk direct to the utilities that need to satisfy compliance requirements. The utilities pay us a premium to get a large quantity of credits in one transaction. We only represent our customers/the sellers and we get paid to maximize the best price for you.
Finally, we only represent our customers/the sellers. We get paid to maximize the price we get. Knollwood Energy of MA will be managing eligible systems of all sizes from the small systems that are eligible for Upfront Minting of the AECs, and intermediate and large systems.
Contact us immediately if you have a system that qualifies for the APS Renewable Thermal Generation Unit, with a the Commercial Operation Date on or after January 1, 2015, and for a Fuel Cell Generation Unit, the Commercial Operation Date on or after January 1, 2017. We are actively registering systems now!
|From the Massachusetts Clean Energy Center (CEC):|
|Dear Clean Heating & Cooling Stakeholder,|
Since 2015, MassCEC has committed $48 million through its Clean Heating & Cooling (CH&C) Programs to support the development of the high-efficiency air-source heat pump (ASHP), ground-source heat pump (GSHP), and modern wood heating (MWH) industries. Over the last four plus years, we’ve seen enormous growth in these markets and, with that, stronger than anticipated program participation and budget expenditures.
Because of these funding limitations, MassCEC is ending its Commercial GSHP and Commercial MWH Programs effective immediately and committing $1.35 million to the Residential GSHP and Residential MWH Programs. We believe that these significant program changes will extend the duration of the Residential GSHP and Residential MWH Programs through early 2020. MassCEC’s Whole-Home ASHP Pilot will retain its funding amount of $500,000. Our Solar Hot Water Program, which is funded separately, will not be changed.
In order to increase transparency about available funding going forward, MassCEC will be posting remaining program funding amounts on our website. MassCEC will post these caps on our Air-Source Heat Pump Installer Resources page, Ground-Source Heat Pump Installer Resources page, and Modern Wood Heating Installer Resources page. While some of MassCEC’s programs are ending, incentives are available through Mass Save and/or the Massachusetts Alternative Energy Portfolio Standard (APS). Please see the table below for a summary of program changes and alternative incentives.
Detailed Description of Program Transitions
In March 2019, MassCEC ended its Residential Air-Source Heat Pump Program and replaced it with a Whole-Home ASHP Pilot Program with a $500,000 budget which is available until the end of 2019. MassCEC closed its Commercial Variable Refrigerant Flow Program at the end of June.
For our Residential GSHP and MWH Programs, MassCEC has allocated a joint budget amount of approximately $1,350,000. These programs will continue to run until all funding is awarded. Once funding is claimed, MassCEC will close these programs to new applications.
MassCEC closed our Commercial-Scale and Small-Scale Commercial GSHP and MWH programs on July 11. Any applications previously received will be processed and any awarded projects will retain their awards.
Even as our financial incentives wind down, MassCEC intends to stay active in promoting clean heating and cooling technologies, which are a crucial piece of the state’s efforts to meet our Global Warming Solutions Act targets. MassCEC will continue to run community-based education campaigns like HeatSmart, we intend to increase our statewide outreach and education efforts, and our workforce team is supporting internships for vocational high school students at clean energy companies, including clean heating and cooling companies.
Thank you for your understanding during this significant transition in MassCEC’s programs.