Electric utilities Connecticut Light & Power and United Illuminating will open the application period for small renewable energy credit projects at noon Dec. 21.
The awards for the Zero Emission Renewable Energy Credits, or ZRECs, to installations of 100 kilowatts or less will be given on a first-come, first served basis. The application period will close noon Jan. 4. The two utilities have $2.7 million worth of credits to award.
The state launched the $1 billion, 21-year credit program earlier this year to proliferate renewable energy installations in Connecticut. CL&P and UI already awarded $8 million annually over 15-year contracts to 97 solar and fuel cell projects in the state in a competitively bid process.
The awards made starting Dec. 21 aren’t being competitively bid because the installations are the smaller than the other proposed projects.
CL&P and UI previously asked regulators to defer the opening of the small ZREC application period to Jan. 8, but the Public Utilities Regulatory Authority has not ruled on that request yet. The Dec. 21 date may change if PURA makes a ruling.
