CL&P Hosts Meeting on $40 Million in Renewable Energy Credits

Connecticut’s electric utilities are more than happy to focus on something other than the aftermath of Hurricane Sandy. On Monday, November 5, 2012, Connecticut Light and Power (CL&P) in Berlin and United Illuminating (UI) in New Haven will jointly hold an informational meeting to discuss $40 million in zero-emissions renewable energy credits for small projects.

The meeting will take place from 9 a.m. to 3 p.m. at CL&P headquarters, 107 Selden Street in Berlin. Registration is not required.

Unlike larger zero- and low-emissions renewable energy projects, known as ZREC and LREC, the small program projects will not be competitively bid. Fifteen-year contracts to build renewable-energy installations of 100 kilowatts or smaller will be awarded on a first-come, first-served basis. CL&P and UI can award up to $2.64 million per year for these projects.

For more information on the ZREC/LREC awards, visit CL&P’s website at www.cl-p.com. Click on “Renewable Energy Credits” listed under “Going Green.”