Connecticut Rebates and Incentives Summary

21 November of 2010 by

Connecticut, the Nutmeg State, has long been a seaport, and is the wealthiest statein terms of per capita income. Overall, it’s the third smallest state.It’s larger only than Hawaii and neighboring Rhode Island. However, with 3.5 million residents its the 29th most poplous state and the fourthmost densley populated state. Despite being small, the state offers some big incentives to residents and businesses that install solar and other renewable energy sources.

Utilities in the state and the state itself offer home andbusinessowners numerous incentives to add solar to their homes,including rebates, tax incentives and low-interest rate loans to reduce the up-front cost of solar for potential buyers. In additionto the state incentives listed here, Connecticut residents would be wise to talk with their local utility about other solar incentive programs.

About half of Connecticut gets an average of slightly less than 4.5hours of direct sunlight per square meter on a daily basis, with therest getting up to 4.35 hours of direct sunlight per square meter on adaily basis. While its nothing like the sun that hits Arizona or othersouthwestern states, its still more than enough to justify solar. That’s slightly more than New York State gets on average. The state also isrich in other resources, particularly wind along the southern-facing,Atlantic coast. And the coast also has the potential for offshore tidalgeneration.

The overall electricity production market in Connecticut is dominated by two forms of energy production, natural gas and nuclear.

Despite, its size, location and lower levels of direct sunlight thansome other states, the state was in the top ten in terms of solarcapacity generation as recently as 2008, according to theadministration. That’s partly because the state has numerous incentivesto help residents buy and install solar on their homes.

Legislation in the state should make sure that the amount ofinstalled renewables will increase drastically over the next decade. For instance, the state’s renewable portfolio standard requires that 27percent of electricity comes from renewable sources by 2020. Of that, 20 percent must come from “Class I” renewable energy sources, includingsolar, wind, tidal and other technologies.

 

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