VERMONT - The state of Vermont is promoting renewable energy, and using it could put some money back in your pocket.

Vermont has a comprehensive plan to receive 90% of its energy from renewable resources by the year 2050.  Since the state has this, there will be incentives for companies who start the transition to using more renewable resources.

Renewable energy is a relatively new industry, where they are still trying to figure things out.  Incentives for projects can differ for a variety of different reasons.  Solar, wind, and hydro are just a few possibilities of renewable resource projects that commercial, residential, or industrial companies.

The Riverside School in Lyndonville has added themselves to the list of many businesses that are taking advantage of this incentive.

"Our total cost was somewhere in the neighborhood of $31 to $32 thousand, and the offset was $6 thousand from the state, so about 20%," said Riverside School headmaster Laurie Boswell.  The school installed their own solar panels in May.

Dottie Schnure of GMP believes that they incentives are a great way of attracting businesses to use renewable energy.
"We've really wanted to increase the amount of renewable energy that we have available for our customers," said Schnure.  "We've done a lot to try and jumpstart and increase the use of solar in Vermont."

With very ambitious goals on the horizon for renewable energy in Vermont, the state will be looking for a variety of ways to attract new renewable energy projects to the state.