Connecticut bill requires PURA to create new renewable energy program. What this means for your wallet
HARTFORD, Conn. (WTNH) — Gov. Ned Lamont signed a bill to extend Connecticut’s solar incentive programs on Thursday, requiring the Public Utilities Regulatory Authority (PURA) to create a new renewable energy program.
The bill, titled An Act Concerning Renewable Power Generation, requires PURA to create a program to clear the way for portable plug-in solar panels and to create incentives for energy storage systems.
PURA’s electric rate reduction could save customers $30 a month
The bill also aims to expedite the permitting process for solar panel systems. The bill was passed by state lawmakers last month despite opposition from Republicans, who say the program will raise energy costs across the board.
“It is very similar to an existing program that is scheduled to expire, which provides subsidized revenues to for-profit energy companies at anywhere from two-times to sometimes five times the market rate for electricity,” Republican nominee for governor Ryan Fazio said.
Those in favor of the bill argue that it will reduce energy costs, as it will give customers more power source options.
The bill will go into effect on July 1.
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