CT Lawmakers OK Commercial PACE

Jun 16th, 2012 | By | Category: General

by Michael Trahan, Executive Director, Solar Connecticut, Inc.

The state Legislature wrapped up the 2012 bill-making season this week. A redo of the 2011 virtual net metering bill was proposed but didn’t get a vote. A property tax waiver on commercial solar passed the state House but time ran out before the state Senate could take a vote on that bill. Thanks again to SolarConn members, especially thermal installers, who testified and made calls to their local legislators in support of the tax waiver bill. Our 2013 legislative agenda will include both these items.

The news is not all bad. In fact, it’s pretty good. The state House and Senate acting during Tuesday’s special session this week (Legislative overtime) did approve a commercial Property Assessed Clean Energy (PACE) bill. Commercial PACE was part of the 2011 energy bill that SolarConn was so involved with though the PACE section of the 2011 bill needed a 2012 legislative fix before it could work in the real world. The new 2012 PACE bill allows cities and town to loan money to business owners who install clean energy technologies on their commercial properties. It’s expected that both solar PV and solar thermal will qualify for commercial PACE. An outline of the PACE bill is below. The bills goes into effect immediately after Gov. Malloy signs the measure which he is expected to do. Much thanks to CEFIA’s Jessica Bailey who organized the effort to get commercial PACE passed this year. Many SolarConn members are eager to get PACE programs off the ground. Members particularly interested/experien ced in commercial PACE and wishing to get involved in deploying PACE around Connecticut should contact me ASAP as this effort will begin shortly.

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