Non-Residential Renewable Energy Solutions

Program Non-Residential Renewable Energy Solutions
Category Regulatory Policy
Implementing sector State
Last Update
State Connecticut
Administrator Public Utilities Regulatory Authority
Website https://portal.ct.gov/pura/electric/office-of-utility-programs-and-initiatives/…
Start Date
Technologies Solar Thermal Electric, Solar Photovoltaics

The Non-Residential Renewable Energy Solutions (NRES) Program is a successor program to the Low Emission Renewable Energy Credit and Zero Emission Renewable Energy Credit (LREC/ZREC) and Virtual Net Metering (VNM) programs with the objectives to foster the sustained, orderly development of the state’s Class I renewable energy industry and to encourage the participation by customers in under served and environmental justice communities, among others. The program is authorized to run for six (6) years and to select up to sixty (60) MW of clean energy annually.

This is a six-year program that combines the state's previous Net Metering program and Renewable Energy Certificates (REC) payments into one program. Once a project has been approved, the incentive rate will not change for the 20 years of the contract. Projects less than or equal to 200 kW are awarded incentive agreements on a first-come, first-served basis, and are eligible to select one of the following two compensation structures:

     2022 Small Zero Emission Tariff Rates

Buy-All Rate $200.97/MWh | Netting REC Value $95.075/MWh

The netting tariff functions similarly to standard net metering: the customer's usage and generation is netted, after which the customer's bill is calculated. Under the buy-all tariff, the customer sells all of their generated energy to the utility.

Projects greater than 200 kW and less than or equal to 2,000 kW are awarded incentive agreements through a competitive solicitation process, which can be found here.

The System Owner determines how the incentive will be divided between two compensation options:
a) A monthly monetary on-bill credit that will be applied to the customer's utility bill at the project site, and/or;
b) A quarterly direct payment provided to a Tariff Payment Beneficiary.
In the buy-all structure, the payments can be divided between these two options, and the division percentages are selected at the time of bid submission. Payments are made at the as-bid price, and the bidder chooses the percentage of that payment to be an on-bill credit vs. a quarterly direct payment. In the buy-all structure, the quarterly direct payments cannot be made to the customer of record, they must be made to a third party.

In the netting structure, bill credits are calculated using the as-bid “energy” price, and the quarterly direct payments to the tariff payment beneficiary are paid at the as-bid “REC” price. The quarterly direct payments can be made to the customer of record or a third party.

For more information, contact a Program Administrator, or view the FAQ here.


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