$4.0 Million Available in Renewable Distributed Generation Program
Connecticut’s On-Site Renewable Distributed Generation (DG) Program provides grants to support the installation of systems that generate electricity at commercial, industrial and institutional buildings. Systems utilizing solar photovoltaics (PV), wind, fuel cells, landfill gas, low-emission advanced biomass-conversion technologies, run-of-the-river hydropower, wave or tidal power, or ocean-thermal power are eligible. Most program support will target PV and fuel-cell projects. All projects must have a minimum system capacity of 10 kilowatts (kW), and projects must use an energy-generation device that is commercially available and offers warrantees, spare parts and service commensurate with commercial status. The maximum individual project award is $4 million, with the exception of PV-only projects, which are limited to $850,000 per project. In addition, grants of up to $50,000 per installation are available to support site-specific technical studies and financial feasibility studies. Furthermore, eligible clean-energy projects installed in the congested area of southwestern Connecticut receive a premium of 2¢ per kilowatt-hour (kWh), based on the estimated lifetime output of the system. The following funding limits and evaluation timeframes apply to individual projects: Solar – incentives range from $3.50 per watt to $4.75 per watt; Fuel Cells – up to $4.70 per watt with a 10-year evaluation timeframe and fuel-cell projects with a capacity up to 1,000 kW are eligible for an incentive up to $4.70 per watt; Small wind – $3.60 per watt with a 15-year evaluation timeframe; Small biomass – $3.30 per watt, 10-year evaluation timeframe; Landfill gas – $3.20 per watt, 10-year evaluation timeframe; and Hydro with a 20-year evaluation timeframe. The CCEF takes ownership of the renewable energy credits (RECs) associated with electricity generation by PV and wind projects 50 kW-PTC and larger that receive funding. In turn, the CCEF compensates PV system owners based on the estimated present value of the system’s RECs over 15 years. Contact: Connecticut Clean Energy Fund, 200 Corporate Place, 3rd Floor, Rocky Hill, CT 06067; 860-563-5851 Ext.331; Fax: 860-563-6978; http://www.ctcleanenergy.com/default.aspx?tabid=95
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