Last week, the Clean Energy Finance and Investment Authority (CEFIA) announced that on December 14th, 2011 The Authority released a request for public comments on its proposed incentive structure for the revised Residential PV Investment Program. As required by Section 106 in Public Act 11-80, CEFIA is to design and implement a Residential Program that results in a minimum of thirty (30) megawatts of new PV installations on or before December 31, 2022.
CEFIA is now proposing adjustments to the current PV system size limit of 10 kWPTC. The proposed system size limit is 5.5 kWPTC under the revised Residential Program. Homeowners may install PV systems larger than the proposed cap; however the Estimated Performance Based Buydown (EPBB) and Production Based Incentive (PBI) will only be available up to 5.5 kWPTC.
CEFIA encourages all interested industry stakeholders to provide public comments after reviewing the January 6, 2012 Memo regarding the PV system size limit and the proposed incentive levels. These documents can be found on the following CEFIA Web Page: www.ctcleanenergy.com/solarinvestment
CEFIA hosted a “live” public comments session today in Hartford, and written public comments will continue to be collected through January 11, 2012.
All questions or public comments may be sent electronically to firstname.lastname@example.org, or in writing to the following address:
Clean Energy Finance and Investment Authority
Attn: Small Solar, Clean Energy Deployment
865 Brook Street
Rocky Hill, CT 06067