Connecticut Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 07/05/2012
Program Overview:
| State: |
Connecticut |
| Incentive Type: |
Energy Efficiency Resource Standard |
| Eligible Efficiency Technologies: |
CHP/Cogeneration, Unspecified Technologies |
| Applicable Sectors: |
Municipal Utility, Investor-Owned Utility, Retail Supplier |
| Electric Sales Reduction | 4% of retail load must be met with Class III Resources by 2010 |
| Web Site: |
http://www.ct.gov/dpuc/cwp/view.asp?a=3354&q=415186
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Authority 1:
Date Enacted:
Date Effective:
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Conn. Gen. Stat. ยง 16-245a et seq.
1998 (subsequently amended)
7/1/1998
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Authority 2:
Date Enacted:
Date Effective:
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S.B.1243 (Public Act 11-80)
07/01/2011
07/01/2011
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Summary:
Established in 1998 and subsequently revised several times, Connecticut's renewables portfolio standard (RPS) requires each electric supplier and each electric distribution company wholesale supplier to obtain at least 23% of its retail load by using renewable energy by January 1, 2020. Specific to energy efficiency, the RPS also requires each electric supplier and each electric distribution company wholesale supplier to obtain at least 4% of its retail load by using combined heat and power (CHP) systems and energy efficiency by 2010.
Separate portfolio standards are required for energy resources classified as "Class I," "Class II," or "Class III." Class III resources include: customer-sited CHP systems, with a minimum operating efficiency of 50%, installed at commercial or industrial facilities in Connecticut on or after January 1, 2006; (2) electricity savings from conservation and load management programs that started on or after January 1, 2006; and (3) systems that recover waste heat or pressure from commercial and industrial processes installed on or after April 1, 2007. The revenue from these credits must be divided between the customer and the state Conservation and Load Management Fund, depending on when the Class III systems are installed, whether the owner is residential or nonresidential, and whether the resources received state support.
Electric providers must meet the standard with at least 4% Class III sources by 2010, and thereafter, according to the following schedule:
- On and after 1/1/2007: 1% Class III
- On and after 1/1/2008: 2% Class III
- On and after 1/1/2009: 3% Class III
- On and after 1/1/2010: 4% Class III
More information about the entire RPS can be found on the DSIRE Connecticut RPS page.
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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.
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