Solar Power Programs In Ct
Microgrid grant and loan program connecticut created the microgrid program under public act 12 148 section 7 to help local distributed energy generation for critical facilities.
Solar power programs in ct. Connecticut set up the ccef in 2000 for that aim and started putting money away out of everyone s utility bill to make that possible today. The residential solar investment program was the first solar specific initiative of the state. Ct solar lease is currently providing a no money down opportunity to install a solar system on your property. The ct solar lease program provides a great opportunity to add a solar system to your home without the high up front costs of ownership.
This success comes after the state launched the connecticut property assessed clean energy c pace program to offer property assessed clean energy financing and program services to municipalities and commercial property owners throughout connecticut. Some of the ct green bank s most impactful public programs are smart e loans launched in 2006 the residential solar investment program launched in 2012 and c pace financing also launched in 2012. Connecticut has a plethora of solar programs including. Connecticut is a great state for home solar for now.
This unique program will serve as a model for other. The expected performance based buydown epbb incentive provides you with an upfront cost reduction based on major design characteristics of your system such as panel type installation tilt shading orientation and solar insolation a measure of. 5435 that established a sales and use tax exemption for equipment machinery and fuels used to manufacture solar thermal active or passive systems solar electric systems wind power electric systems or geothermal resource systems. The state currently has a nice rebate program and federal solar incentives and net metering are available but the last two are set to change soon.
More than 19 000 connecticut households currently using solar power. Purchase a solar system for your home. Officially known as the residential solar investment program and administered by the connecticut green bank this rebate is worth 0 463 per watt of solar installed up to 10kw. What are ct s top solar tax credits and rebates.
That is a homeowner who invests in a 5kw system would receive 2 315 right off the bat. Connecticut has made the right size commitment to create a solar power market. The consensus on connecticut solar power rebates and incentives. Connecticut enacted legislation in may 2010 h b.
Connecticut solar power overview. Connecticut is one of the fastest growing of the smaller states in the solar industry.