Some are frustrated with 10 years of programs that should have helped residents insulate themselves from spikes in energy costs.
Gov. Ned Lamont wants to expand the role of the Connecticut Green Bank to include funding for climate change projects.
Connecticut is on the verge of changing one of the key financial underpinnings for residential solar electric systems.
Energy legislation wasn’t on the radar for any special legislative sessions called to deal with critical issues lost to the COVID-cancelled session from this winter. Even the annual July electric rate adjustment –- which this year contained big increases that sparked public outrage — would not have warranted legislation. That was until Tropical Storm Isaias […]
The solar compensation policy that nearly derailed major energy legislation last session is back for a new go-round this session.
The Connecticut Green Bank – an international model for funding clean energy projects – says it would have to shut down under the latest budget proposal. The bank says it would lose essentially 100 percent of the funding it uses to leverage much larger amounts of private financing.
Provisions in the Connecticut Comprehensive Energy Strategy that would drastically limit the number of solar systems people and businesses can put on their roofs and could change the payment structure for excess electricity those systems generate have riled the state’s solar industry and those who support it.
The raid on the Green Bank and other clean energy programs to help plug the state’s huge budget deficit is bringing together groups often at odds. Environmentalists and business interests, including the state’s most prominent business lobby, agree the raid is a bad idea.
In fact many are concerned about his departure, worrying that no successor will have the breadth of expertise Esty had across energy and environmental subjects, and some fear a backsliding, especially in regional energy initiatives.
Bryan T. Garcia, the president of the Clean Energy Finance and Investment Authority, calls himself a believer in the philosophy of hockey superstar Wayne Gretzky. “You miss 100 percent of the shots you never take,” Garcia quotes Gretzky as famously saying — and quotes him often.