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Connecticut Solar Electric
Connecticut Clean Energy Fund (CCEF) offers a variety of programs and funding
opportunities to homeowners, business owners and institutions interested in
benefiting from clean energy sources. CCEF website: www.ctcleanenergy.com
CCEF - Solar PV
- Incentive Type:
- State Rebate Program
- Applicable Sectors:
- Residential, Nonprofit, Local Government, State Government, Multi-Family Residential, Institutional
- Maximum Incentive:
- Residential: $46,500
- Gov't/Non-profit: $50,000
CCEF's solar photovoltaic (PV) program offers qualified installers monetary incentives
that will be passed on to customers in the form of rebates. CCEF's solar rebate
is based on the design efficiency of your system. Your installer will calculate
how much electricity your PV system will produce as compared with an equivalent
system under ideal conditions. This calculation is based on your site and
equipment.
| Type |
$ cap per watt |
| Residential |
$1.75 for the first 5kW
$1.25 for the next 5kW
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| Nonprofit & governmental organization |
$4.75 for the first 10k |
All applicants must participate in Clean Energy Efficiency Fund's Home Energy Solutions (HES) program.
CCEF - CT Solar Lease
- Incentive Type:
- Leasing/Lease Purchase
- Applicable Sectors:
- Residential, Multi-Family Residential
- Lease Terms:
- 15-year term. Available to owners of one- to four-family homes with a household income up to 200% of the area's median income.
- Website:
- www.ctsolarlease.com
- Note:
- Due to the overwhelming demand for the program, CCEF is no longer accepting applications for the Residential Rebate Program.
The CT
Solar Lease Program is an innovative program designed to make solar energy
systems available to moderate income Connecticut homeowners. CT
Solar Lease™ requires no down payment
and provides for a low cost lease payment, fixed for 15 years. At the end of the initial lease term, the homeowner has the
option to 1) extend the lease for an additional 5 years reduced monthly payment
2) purchase the system at the then fair market value or 3) remove the system
and return it to CT Solar Leasing.
CCEF - On-Site Renewable DG (Distributed Generation) Program
- Incentive Type:
- State Grant Program
- Applicable Sectors:
- Commercial, Industrial, Schools, Local Government, State Government, Institutional
- Maximum Amount:
- $850,000 per project for PV projects; $4 million per project for other eligible projects.
- Website:
- www.ctcleanenergy.com
- Note:
- CCEF is no longer accepting any applications for photovoltaic (PV) systems under the On-Site Renewable DG Program. Funding will be awarded until the program budget allocations are fully committed. The CCEF will announce future developments and program changes on its website.
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Maximum Incentive
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| Incentive Blocks |
For-Profit Owners
($/WattPTC) |
Not-for-Profit Owners
($/WattPTC) |
| <100 kW (PTC) |
$4.50/Watt |
$4.75Watt |
| 100 kW but<200 kW |
$3.50/Watt |
$4.25/Watt |
| >200 kW |
$0.00/Watt |
$0.00/Watt |
Connecticut - DPUC - Low-Interest Loans for Customer-Side Distributed Resources
- Incentive Type:
- State Loan Program
- Applicable Sectors:
- Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Fed. Government, Agricultural, Institutional
- Terms:
- Fixed interest rate, not greater than prime rate (actual rate will be determined at time of application)
- Equipment Requirements:
- Minimum capacity of 50 kW; maximum capacity of 65 MW
- Website:
- www.ct.gov
A low interest loan program is available for
customer-side distributed resource projects of 50 kW or greater. The
interest rate will be 1% below the customer's applicable rate or no more than
the prime rate. Contact the following for information about the loan program:
Banc of America Lisa Douma 201-493-2477
balenergyservices@bankofamerica.com
DPUC Maureen Hoffman 860-827-2811
maureen.hoffman@po.state.ct.us
Property Tax Exemption
- Incentive Type:
- Property Tax Exemption
- Applicable Sectors:
- Commercial, Industrial, Residential, Multi-Family Residential, Agricultural, (Note: exemption for Class I resources applies only to residential dwelling with four or fewer units)
- Amount:
- 100% exemption for renewable energy property; municipalities are authorized to exempt CHP systems
Connecticut provides a property tax exemption for solar energy systems. The exemption is available for systems that serve single-family homes or multi-family dwellings limited to four units.
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