Legacy Programs

 

 

Residential Solar Investment Program (RSIP): The RSIP was created in 2011 by the legislature to provide financial incentives to residential homeowners to install solar PV systems on their property. The program was administered by the Connecticut Green Bank (CGB). The successor program to the RSIP is the Residential Renewable Energy Solutions (RRES) program authorized in the February 10, 2021 Decision in Docket No. 20-07-01 and formalized in Docket No. 21-08-02, which is in place as of January 1, 2022.

To learn more about the RSIP, please visit the following links: 

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Residential Solar Investment Program (RSIP) Resources

RISP Status

Virtual Net Metering (VNM): The VNM program allowed Customers Hosts (those customers who operate behind-the-meter generation) to assign surplus production from their generator to other metered accounts, called beneficial accounts, that are not physically connected to the Customer Host’s generator. VNM credits, which are applied monthly as credits on the electric bill of the beneficial account, are equal to the generation of services charges and a declining percentage of the transmission and distribution charges (80% in the first year, 60% in year two, and 40% in year three onwards). This program was succeeded by the Non-Residential Renewable Energy Solutions program authorized in the June 30, 2021 Decision in Docket No. 20-07-01, and formalized in Docket No. 21-08-03.

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Eversource: Connecticut Net Metering

UI: Pricing

Low Emission Renewable Energy Credit (LREC) and Zero Emission Renewable Energy Credit (ZREC) Program: The LREC/ZREC program required the EDCs to enter into 15-year contracts to purchase renewable energy credits (RECs) from qualifying projects in Connecticut at a fixed price for 15 years. The projects were required to meet eligibility requirements and were selected  in different ways, depending on the project size and generation type. These programs were also succeeded by the Non-Residential Renewable Energy Solutions program authorized in the June 30, 2021 Decision in Docket No. 20-07-01, and formalized in Docket No. 21-08-03.  To learn more about the LREC/ZREC programs, please visit the following links: 

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Eversource

UI

For more information on legacy clean energy programs, see the latest PURA Clean and Renewable Energy Program Report.