C

onnecticut is giving its multifamily property residents a reason to cheer, thanks to a change in conergy solar energy policy. A recent tweak in regulations is set to break down barriers, giving affordable multifamily homes more access to solar benefits.

Traditionally, affordable multifamily properties fell under the commercial category for solar energy. This meant that they were only eligible for capped incentives when it came to solar panel installation. However, a recent modification in Public Act No. 21-48 has redefined these dwellings as “residential customers.”

What does this mean for the tenants? Well, this reclassification means they can now tap into the uncapped Residential Tariff instead of the old commercial perks. This equates to bigger savings and makes solar installations a lot more attractive while letting residents share solar savings with their neighbors.

Connecticut isn't exactly top of the leaderboard when it comes to solar adoption—it's currently ranked 24th in the U.S. However, according to the Solar Energy Industries Association (SEIA), it is among the fastest-growing smaller states in the solar game. This latest change in policy for multifamily properties is expected to further boost local solar adoption, making Connecticut a state to watch in the renewable energy arena.

Sources:

https://www.cga.ct.gov/2021/act/Pa/pdf/2021PA-00048-R00SB-00356-PA.PDF

https://www.seia.org/state-solar-policy/connecticut-solar

Posted 
Nov 27, 2023
 in 
Geo
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