November 22, 2006
Connecticut Clean Energy Fund Boosts Commercial, Industrial Funding
The Connecticut Clean Energy Fund has increased funding for and modifications to its On-site Renewable DG Program which offers financial support for behind-the-meter clean energy distributed generation technology at commercial, industrial and institutional facilities in Connecticut, Renewable Energy Access reports.
$11.75 million in new funding was added to the program, raising the total program funding from $21 million to $32.75 million.
Other program enhancements include:
- Increase in the maximum subsidy per project from $2 million to $4 million;
- Availability of grants of up to $50,000 per installation to support site-specific technical and financial feasibility studies; and
- Increase in the premium available to projects located in Southwest Connecticut from 1?/kWh to 2?/kWh for solar PV projects and 1.5?/kWh for projects involving other clean energy technologies.
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