[ad_1]
The Connecticut Public Utilities Regulatory Authority (PURA) not too long ago introduced updates to its Vitality Storage Options program to extend accessibility and adoption by residential prospects within the state. This system supplies incentives for the set up of battery storage, and key modifications embody a rise in upfront incentives and a rise within the most incentive residential prospects can obtain.
iStock
Residential prospects can now obtain as much as $16,000 in upfront incentives, a rise from the earlier most incentive of $7,500. For patrons that qualify as low-income, the upfront incentive elevated to $600 per kWh from $400/kWh. For patrons that reside in an underserved group, the upfront incentive elevated to $300/kWh from $450/kWh.
Different accredited modifications to the Vitality Storage Options program embody:
- Industrial sector incentive assessment: For the industrial sector, which has skilled robust demand because the begin of this system in 2022, undertaking approvals might be paused on June 15, 2024, or earlier if the 100 MW of accessible capability in Tranche 2 turn out to be totally subscribed, and till a ruling is made in 12 months 4 Choice in Docket 24-08-05. At the moment, roughly 70 MW of capability stays in Tranche 2.
- Enlargement of alternative for multifamily property participation: Per the choice, multifamily inexpensive housing properties now qualify for the low-income incentive price, making it simpler for property homeowners to entry resilient battery backup for his or her tenants.
- Recycling working group: PURA requested that the Inexperienced Financial institution convene and lead a working group of related stakeholders, together with the Dept. of Vitality and Environmental Safety (DEEP) to proactively examine the potential subject of photo voltaic panel and battery waste. Per the choice, “whereas photo voltaic and battery waste is just not but a prevalent subject in Connecticut, the Authority decided that the event of an answer is required sooner quite than later, to make sure state preparedness.”
All Vitality Storage Options program modifications have been made as a part of the 12 months Three Choice in Docket No. 23-08-05. This system is paid for by electrical ratepayers, overseen by PURA, and administered by the Connecticut Inexperienced Financial institution, Eversource, and UI.
Information merchandise from Connecticut PURPA
[ad_2]
Supply hyperlink
