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Connecticut

Connecticut

Incentives/Policies for Renewables & Efficiency

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The United Illuminating Company - Small ZREC Tariff   

Last DSIRE Review: 12/12/2014
Program Overview:
State: Connecticut
Incentive Type: Performance-Based Incentive
Eligible Renewable/Other Technologies: Photovoltaics, Wind, Hydroelectric, Small Hydroelectric
Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, Construction, State Government, Installer/Contractor, Tribal Government, Fed. Government, Multi-Family Residential, Low-Income Residential, Agricultural, Institutional
Amount:$112.54 per ZREC (for Year 2 round of solicitation)
Terms:15-year standard contract
Eligible System Size:100 kW AC or less
Installation Requirements:Must be located behind the meter and have a dedicated ZREC meter
Ownership of Renewable Energy Credits:Utility
Funding Source:RPS
Start Date:01/08/2013
Web Site: http://www.uinet.com/powerprocurement
Authority 1:
Date Enacted:
Date Effective:
S.B. 1243 (Public Act 11-80)
07/01/2011
07/01/2011
Summary:

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs). A Zero Emission Renewable Energy Facility is one that produces no emissions, such as solar, wind, or hydro. Owners of these facilities now have an opportunity to sell their ZRECs to the utility.

In coordination with the state's other investor-owned utility, the United Illuminating (UI) Company offers owners of small ZREC projects (less than or equal to 100 kW) the opportunity to enroll in the Small ZREC Tariff Program. The UI Small ZREC Tariff rate was set at $112.54 for Year 2 of the program. The program is available on a first-come, first-served basis. Sellers must register with NEPOOL Generation Information System and must apply to the Public Utilities Regulatory Authority (PURA) and be qualified as a RPS Class 1 generator. Equipment must be located behind the meter and have a dedicated ZREC meter. Customers may not have received funding or grants for the system from the state's Clean Energy Finance and Investment Authority (although customers that have received low cost financing are eligible).

 


 
Contact:
  LREC/ZREC Solicitation Information
The United Illuminating Company
157 Church St
New Haven, CT 06510
Phone: (877) 947-3873
E-Mail: lrec.zrec@uinet.com
Web Site: http://www.uinet.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.