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PURA Requests Comments In Annual Non-Residential Renewable Energy Solutions Program Review – Year 5
From Notice:
[ *** ] To facilitate the Authority’s evaluation of the NRES Program, the Authority requests that docket participants and interested stakeholders file written comments on or before 4:00 p.m. on Tuesday, September 23, 2025, addressing the following topics:
- Lowering MW Cap to Increase Price Cap
In its August 26, 2025, Written Comments, the Department of Energy and Environmental Protection (DEEP) argued that repeal of the federal investment tax credit (ITC) likely necessitates consideration of changed circumstances in setting the NRES Program price caps. DEEP Comments, Aug. 26, 2025, p. 2. DEEP suggested that the price caps be raised to reflect the loss of ITC availability, applied to the portion of project cost eligible for the ITC, which DEEP estimates at 57%. Id., pp. 2-3.
In evaluating whether to increase the NRES Program price caps for Year 5, the Authority considers two objectives: enabling deployment of NRES projects while protecting the interests of nonparticipating ratepayers. To that end, the Authority seeks written comments on a potential programmatic adjustment intended to address the concerns of both program participants and non-participating ratepayers by:
- Raising the NRES price caps to appropriately reflect changed circumstances in project development costs; and
- Decreasing the megawatt (MW) cap for the NRES Program so that total estimated program expenses do not exceed the total expenses associated with all projects selected in calendar year 2024.
The Authority requests that stakeholders provide detailed, quantitative analyses to support suggested combinations of price caps and MW caps that would achieve a cost neutral outcome. Stakeholders are specifically encouraged to:
- Propose alternative price caps and corresponding MW caps for each NRES project category, supported by data, that would allow the Program to remain budget neutral relative to 2024 costs.
- Comment on whether this framework appropriately balances ratepayer cost containment with Connecticut’s clean energy deployment goals. [ *** ]
Notice (09/09/2025)
25-08-03 (10/30/2024)
(Annual Non-Residential Renewable Energy Solutions Program Review – Year 5)
