1. Massachusetts Clean Energy Center Budget Overview

2. MassCEC’s Mission
A publicly-funded agency dedicated to supporting the success of the Commonwealth’s clean energy technologies, companies and projects – while creating high-quality jobs and long-term economic growth for the people of Massachusetts.
Focused on increasing the statewide adoption of renewable energy, while driving down the costs of renewable energy and delivering financial and environmental benefits to ratepayers statewide.

3. How MassCEC Operates Massachusetts Ratepayers Systems Benefit Charge
Renewable Energy Generation
Massachusetts Ratepayers
Systems Benefit Charge
$0.0005/kWh
(Approx. $0.32/month for average residential customer)
Investments
Innovation & Industry Support
̃$24M Annually
Wind Technology Testing Center
≥$5M
Annually
Renewable Energy Trust Fund
Alternative and Clean Energy Investment Trust Fund
Marine Commerce Terminal

4. MassCEC 2017 Targets & Goals
Increase renewable energy adoption while driving down the cost of renewable energy.
Continue to lead in clean energy.
Develop a trained workforce for a rapidly growing industry.
Advance innovative solutions that will lead to energy security and a safe, reliable and resilient energy infrastructure.
Maintain public confidence in the use of ratepayer dollars.

5. FY 2017 Budgeted Revenue Sources ($30.1M)
(in millions)
Testing Revenue: Revenues at the WTTC for wind blade testing for both national and international equipment manufacturers. System Benefit Charge: The renewable charge is transferred to the Renewable Energy Trust Fund (RET). The charge currently stands at $.0005/kWh of use, or approximately $0.32 per month for the average household. Other Income: Interest on program investment loans, and sales from Renewable Energy Certificates (RECs) State Agency Funding: Funding transferred from ACP ($0.9M) to MassCEC to administer the Production Tracking System. ACE/RET Investment Income: Interest and dividends income, and unrealized/realized gains on ACE/RET Trust Investments. Terminal Lease Revenue: Lease revenues at the Marine Commerce Terminal in New Bedford.

6. Awards by Category
FY 2016 and FY 2017

7. MassCEC Budget Categories
Residential Energy Choice: Delivers targeted incentives for residents who install solar electricity and/or clean heating and cooling technologies (such as energy efficient heat pumps, cleaner biomass heating, and solar hot water) with the goal of phasing out incentives as technologies become more cost-effective.
Commercial-Scale Renewable Energy: Programs and activities that support the construction of commercial and industrial-scale renewable energy. Specific targets will include manufacturers, businesses, communities and other commercial scale customers with a goal of lowering energy costs through adoption of cost effective solar, hydropower, organics to energy, clean heating and cooling, land-based wind and offshore energy projects.
Affordable Access to Clean and Efficient Energy: A range of programs will (1) provide incentives reducing the energy burden of low- and moderate-income residents through installation of renewable energy and (2) deliver workforce training opportunities in clean energy for low- and moderate-income residents.
Production Tracking & Verification: Registration and production verification of the renewable energy generation in the Commonwealth, including solar and wind, to ensure public confidence in the Renewable Energy Certificate (REC) incentive program.

8. MassCEC Budget Categories
Innovative Company Investment: Provides strategic support and funding for small business startup companies. Loans and equity investments are optimized to attract external capital, target persistent funding gaps and provide a strong financial return on ratepayer investment.
Workforce Development: Delivers workforce training programs that are tailored to meet the needs of clean energy employers across the entire state, while improving workforce skills, job readiness and vocational and educational opportunities for Massachusetts residents.
Leveraging Federal Opportunities: Provides grants, matching funds and investments to university teams and Massachusetts-based companies/organizations receiving federal awards (e.g. Department of Energy, Environmental Protection Agency, ARPA-E).
Innovation Demonstration & Acceleration: Stimulates innovation and fosters an environment for technological advancement to make Massachusetts a leading destination for clean energy and clean water technology companies by targeting gaps in the commercialization process for pilot and demonstration projects.

9. MassCEC Budget Categories
Clean Energy Innovation Network: Supports development and growth of small companies through funding for structural innovation resources including incubators (Greentown Labs), accelerators (MassChallenge, Cleantech Open), and applied research centers (Fraunhofer Center for Sustainable Energy Systems).
Water Innovation: Delivers programs to help build and scale this promising Massachusetts sector with a focus on reducing energy use related to water and demonstrating innovative water technologies.
Industry Support & Research: Partners with Massachusetts universities to help them stay competitive for increasingly scarce federal funding. Also provides timely analysis to identify and address challenges and opportunities in the cleantech industry, such the Clean Energy Industry Report and the Energy Storage study.
State & Municipal Partnerships: Connecting the most viable clean energy and water technologies with municipalities and other public entities to reduce energy costs and save taxpayer dollars, while supporting small businesses seeking validate the commercial-readiness of their technologies.

10. Awards by Category: FY 2016 & FY 2017
Dollars (in millions)
Categories

11. Awards by Recipient:
FY 2016 and FY 2017

12. FY 2016 Estimated Awards by Recipient ($37M)
Technical Assistance/ Auditing/
Other Costs
$5M
13.3%
Residential Consumers
$12.6M
33.5%
Workforce Development
$2.7M
7.2%
Low and Moderate Income Recipients
$2.4M of $12.6M
19%
Universities
$1.1M 3%
Communities &
Public Partners
$5.3M
14.2%
Small Business & Industry
$6.9M
18.5%
Incubators/ Accelerators/
Other Partners
$3.9M
10.3%

13. FY 2017 Budgeted Awards by Recipient ($51.4M)
Incubators/Accelerators/Other Partners
$1.7M
3.3%
Communities & Public Partners
$5.1M
9.9%
Universities
$2.1M 4%
Small Business & Industry
$18.2M
35.4%
Workforce Development
$1.9M
3.8%
Residential Consumers
$18.6M
36.2%
Technical Assistance/ Auditing/
Other Costs
$3.8M
7.4%
Low and Moderate Income Recipients
$3.9M of $18.6M
21%