HB 7432, signed in June 2007, requires Connecticut's two investor-owned electric utility companies to offer an electricty conservation program during the summer of 2007. The program compares a customer's electricity usage during the period from July 1, 2007 to September 30, 2007 to their usage during the same time period in 2006, and rewards customers who acheive a reduction of at least 10%. The comparison must be adjusted accordingly for weather differences between the two years, and the customer must have resided in the same dwelling for both years. Successful participants will receive a credit on their electric bills for a certain percentage determined by the amount of savings they achieve. For customers who reduce their usage by 10%, a 10% credit will be awarded. Similarly, a savings of 15% will earn a 15% credit, and a 20% reduction will be rewarded with a 20% credit. Credits will appear on customer's electric bills for October 2007.
|Incentive Type:||Rebate Program|
|Eligible Renewable/Other Technologies:||Comprehensive Measures/Whole Building|
|Incentive Amount:||Varies according to how much energy the customer conserves relative to summer 2006|
|Maximum Incentive:||20% off summer 2007 electric bill|
|Name:||HB 7432 (Sec. 119)|
107 Selden Street
Berlin CT 06037
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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