As of December 31st, 2021, existing energy programs in Connecticut for non-residential solar investors have expired. Those programs include the Low Emission Renewable Energy Credit and Zero Emission Renewable Energy Credit (LREC/ZREC). We understand that this may be disappointing news for those who may have solar on their to-do list, but fortunately there are new and improved alternative programs to advance and continue the progress of solar energy development in Connecticut for residential and commercial users.
At the beginning of 2022, the Non-Residential Solar Renewable Energy Solutions (NRES) Program was launched. This two tariff option program will help commercial customers install solar energy systems and create new revenue streams. Qualified projects can sell their Renewable Energy Credits (RECs) at a fixed 20-year price by choosing one of the following options: Buy-All Tariff or Netting Tariff.
Key points of the Buy-All Tariff:
Key points of the Netting Tariff:
These incentives are some of the most comprehensive solar incentives in the country and can even be paired with the new Connecticut Energy Storage incentives. Contact us today for more information! 203-642-4105.