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Connecticut’s Home Battery Storage Incentive Jumps to Up to $16k

Connecticut’s home battery storage program, Energy Storage Solutions, just doubled its upfront incentive to help homeowners invest in backup power.

In exchange for installing battery storage for 10 years to help reduce demand from the electrical grid and provide home backup during power outages, Connecticut’s Public Utilities Regulatory Authority has increased the maximum residential upfront incentive to $16,000 from $7,500.

Higher incentives are provided to residential customers who are low-income, in underserved communities, or grid-edge customers. For customers that qualify as low-income, the upfront incentive increased to $600 from $400 per kWh. For customers who live in an underserved community, the upfront incentive increased to $450/kWh from $300/kWh.

via Electrek

Jan 23, 2024connieshedron
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