Posts Tagged ‘ Low Emissions Renewable Energy Credit ’

Innovative Clean Energy Program Drives Down Cost of Clean Electricity

Sep 25th, 2012 | By

The program resulted in 21 projects totaling 6.2 MW of solar and fuel cell generation being selected for deployment at locations across UI service territory — including in Orange, Hamden, Stratford, New Haven, Trumbull, Fairfield, Shelton, Ansonia, West Haven, Milford, and Bridgeport. The weighted average of payments for Renewable Energy Credits to these 19 solar projects and 2 fuel cell projects is 8.6 cents per kilowatt hour compared to solar programs in other states that often have resulted in payments of around 20 c/kWh per REC.