CT EO 21-3 calls for 23 actions including developing a plan for reducing heating and cooling emissions in commercial and industrial buildings and processes, updating the state building code to prioritize GHG emissions reductions, purchasing 100% zero-carbon electricity, updating appliance standards for efficiency, opening an
The Connecticut Renewable Portfolio Standard (RPS) is a state policy that requires electric providers to offset a specified percentage or amount of the energy they generate or sell by purchasing renewable energy credits (RECs) from renewable sources. This policy creates a financial incentive for the
Beginning in October 2014, “Class I renewable energy systems” used for commercial and/or industrial purposes are allowed a property tax exemption. To qualify for this exemption, an assessor or board of assessors must file an application before November 1st in the applicable assessment year.Â
This is an exemption from sales and use tax for certain solar thermal and geothermal technologies. In a separate section from these renewables, it is stated that ice storage systems for cooling only are also exempt from sales and use tax.
The Connecticut General Assembly called for the president of the Connecticut Green Bank to lead a task force studying the potential of hydrogen in Connecticut’s economy and infrastructure. The taskforce will review regulations needed to scale hydrogen in the state, determine how to best use
The Connecticut Green Bank is the nation’s first green bank. It works with private-sector investors to create low-cost and long-term financing for sustainable projects. More specifically, it looks to support clean energy infrastructure improvements, accelerate the commercialization of clean energy sources, and stimulate demand for
Connecticut has implemented Commercial Property Assessed Clean Energy (C-PACE) as an innovative financing program to help building owners pay for sustainable improvements through a voluntary benefit assessment charged onto a property tax bill. C-PACE offers 100% up-front financing with no money down at low-interest and
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
