New Britain, CT – Connecticut’s Public Utilities Regulatory Authority (PURA) launched Energy Storage Solutions, a statewide electric storage program for all Eversource and United Illuminating (UI) residential, commercial, and industrial customers in an effort to foster a more reliable and resilient electric distribution system.
Energy Storage Solutions will be administered by the Connecticut Green Bank, along with Eversource and UI. The nine-year program officially launched on Jan. 1, and will continue through at least Dec. 31, 2030.
Average upfront incentives for residential customers will initially be around $200 per kilowatt-hour (kWh), with a maximum per project incentive of $7,500. Commercial and industrial customers will also be eligible for upfront incentives, with a maximum incentive of 50% of the project cost. Residential, commercial, and industrial customers will all be eligible for performance incentive payments based on the average power an electric storage project contributes to the grid during critical periods.
Additional incentives will be available for those who would most benefit from increased resilience measures, such as low-income customers, customers in underserved communities, small businesses, and customers who historically experience the most frequent and longest duration storm-related outages.