Connecticut Light & Power - Small ZREC Tariff

February 19, 2015

Summary

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard (RPS) and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs). A Zero Emission Renewable Energy Facility is one that produces no emissions, such as solar, wind, or hydro. Owners of these facilities now have an opportunity to sell their ZRECs to the utility.

In coordination with the state's other investor-owned utility, Connecticut Light & Power offers owners of small ZREC projects (less than or equal to 100 kW) the opportunity to enroll in the Small ZREC Tariff Program. Current CL&P Small ZREC Tariff rate is $80.97 per REC.

The program is available on a first-come, first-served basis. Sellers must register with NEPOOL Generation Information System and must apply to the Public Utilities Regulatory Authority (PURA) and be qualified as a RPS Class 1 generator. Equipment must be located behind the meter and have a dedicated ZREC meter. Customers may not have received funding or grants for the system from the state's Clean Energy Finance and Investment Authority (although customers that have received low cost financing are eligible).

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Connecticut
Incentive Type:	Performance-Based Incentive
Web Site:	http://www.cl-p.com/Home/SaveEnergy/GoingGreen/Renewable_Energy_Credits/
Administrator:	Connecticut Light & Power
Start Date:	01/08/2013
Eligible Renewable/Other Technologies:	Solar Photovoltaics Wind (All) Hydroelectric Wind (Small) Hydroelectric (Small)
Incentive Amount:	$80.97 (for Year 3 round of solicitation) Tariff for Small ZREC determined through PURA
Terms:	15-year standard contract
Eligible System Size:	100 kW AC or less
Equipment Requirements:	Must have been installed after July 1, 2011
Installation Requirements:	Must be located behind the meter and have a dedicated ZREC meter
Ownership of Renewable Energy Credits:	Utility

Authorities

Name:	S.B. 1243 (Public Act 11-80)
Date Enacted:	07/01/2011
Effective Date:	07/01/2011

Contact

Name:	LREC/ZREC Solicitation Information
Organization:	Connecticut Light & Power
Address:	66 Curtis Street New Britain CT 06052
Phone:	(877) 947-3873

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.