C-PACE: Garden State Commercial Property Assessed Clean Energy

Note: In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

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Energy Storage Solutions Program

Note: The MW approved through this program will be counted towards the state's energy storage targets.

The Energy Storage Solutions Program provides incentives to residential and commercial customers to install energy storage systems. The program is administered by the Connecticut Green Bank, though the incentives are provided through the state's utilities, Eversource and United Illuminating. The program will run for nine years, from 2022 through 2030.

The program has a cap of 580 MW, spread across three tranches. Tranche 1 is open for the first three years of the program -- 2022 through 2024. The Tranche 1 capacity

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Solar Grant Program: Public Buildings

H.F. 2310, enacted in May 2023 (see section 216C.377), created the Solar Grant Program: Public Buildings program under the Minnesota Department of Commerce.

The Program allows local government units to apply for grants for up to 100% of the cost of procuring and installing a solar energy generation system on or adjacent to the school premises. The law directed a $14,310,000 budget allocation to support the program.

The Department of Commerce is directed to request applications from interested local government units and assess the applications and ensure that all costs are necessary and reasonable. The amount of the grant amount

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Solar for Schools Program

H.F. 2310, enacted in May 2023 (see section 216C.375), created the Solar for Schools grant program under the Minnesota Department of Commerce.

The Program allows schools and parties on the behalf of schools to apply for grants for up to 100% of the cost of procuring and installing a solar energy generation system on or adjacent to the school premises. The law directed a $14,310,000 budget allocation to support the program. 

The Department of Commerce is directed to request applications from interested schools, utilities, and developers and assess the applications and ensure that all costs are necessary and reasonable

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Eversource - Home Battery Storage Rebate

Eversource's Home Battery Storage program provides enrolled participants an upfront incentive for purchasing a qualifying battery and enrolling in the Clean Energy Fund program. The participant must have purchased a qualifying storage system after October 1, 2022, and participate in utility demand response events for a minimum of three years.

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