$21 Million Available for Clean Distributed Generation in Connecticut

Date: 8 Dec 2005 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

The Connecticut Clean Energy Fund [CCEF] has announced that it is accepting applications for its new on-site renewable distributed generation program. There is about $21 million available to reduce the cost of clean, DG projects at commercial, industrial and institutional facilities through the state.

Through the program, CCEF will offer financial support to buy down the cost of renewable energy generating equipment of 10 kW and above and also provide low interest construction financing. The level of support for individual awards will vary based on the specific economics of the installation. The total available grant amount for a given project will be limited to $2 million. A 1¢/kWh premium will be available for projects proposed in SW Connecticut.

The Connecticut Clean Energy Fund (CCEF) was created by the Connecticut General Assembly and is administered by Connecticut Innovations, a quasipublic
state agency. CCEF promotes the development and commercialization of clean energy technologies and stimulates markets for electricity from clean renewable sources. CCEF’s funding comes from a surcharge on electric ratepayers’ utility bills.

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John Farrell
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John Farrell

John Farrell directs the Energy Democracy initiative at the Institute for Local Self-Reliance and he develops tools that allow communities to take charge of their energy future, and pursue the maximum economic benefits of the transition to 100% renewable power.