CT Green Energy News
News and events for advocates of clean energy, energy efficiency, and climate action at the state and local levels, focusing on Connecticut. Brought to you by People’s Action for Clean Energy (PACE). Visit www.pacecleanergy.org.
CT energy assistance needs more state funding, advocates say:
CT Mirror. “With federal heating assistance projected to drop and oil prices rising, advocates say CT officials should use state funds for heating aid. Energy assistance advocates are renewing their call for Connecticut to tap its robust coffers to help keep poor families warm this winter. The alarm intensified after a Hartford-based nonprofit closed its summer/fall energy assistance program one month early due to high demand. With projected federal heating assistance projected to drop as much as $970 per household this winter—and with home heating oil prices rising steadily since mid-June—advocates say things could turn ugly this winter unless state officials end their reluctance to use state funds.”
No hydrogen hub for CT and the Northeast:
CT Mirror. “Connecticut and the Northeast came up losers Friday in the high-stakes competition for regional hydrogen hubs—part of the Biden administration’s Bipartisan Infra-structure Law’s focus on hydrogen as an important clean energy source to fight climate change. A seven-state consortium of Connecticut and the rest of New England, except New Hampshire, plus New York and New Jersey, were not among seven hubs selected to share $7 billion … Among the hubs selected were several in swing presidential race states as well as ones with difficult senate races for Democrats looking to maintain control, including West Virginia and Montana. And many of them are in heavy fossil fuel-producing areas that face potential negative economic impacts as the country transitions towards clean energy.”
Blumenthal urges increased LIHEAP funding as CT families face chilly winter:
CT News Junkie. “The winter heating season has already started, Operation Fuel has stopped taking applications, and Congress level funded the Low Income Heating and Energy Assistance Program… ‘Applications for heating assistance are up by about 20%,’ Blumenthal said. However, the funding is still only about $4 billion nationwide. … Operation Fuel’s Gannon Long said, ‘the affordability gap between what people can pay for their energy needs and what they’re being asked to pay has increased 37% in just two years.’ … Last year, the nonprofit approved around 3,900 applications during its Summer/Fall application period. Two years ago, the program received only around 2,000 applications during that same period.”
Evergrow completes first IRA tax credit transfer through solar project in Connecticut:
Solar World. “Evergrow, a clean energy finance company, has successfully completed the funding of a clean energy tax credit transfer on its platform, the first of its kind to be announced … Under the IRA, developers and owners of clean energy projects can sell their tax credits to raise funding. With demand for clean energy tax financing expected to exceed $80 billion by 2031, this funding helps pay for the cost of building clean energy projects, such as solar power, battery storage, electric vehicle chargers and more … Developers of clean energy projects often struggle to access tax credit funding, particularly for projects on the smaller end of the scale. By using technology to build a modern platform for clean energy finance, Evergrow is unlocking greater access to funding for developers of all sizes.”
For a complete listing of clean energy events, visit the on-line Calendar: www.pacecleanenergy.org/calendar. You can submit an event to the PACE Calendar and also subscribe to it.
Updates to Furnace Efficiency Standards for First Time in 16 Years:
Last updated in 2007, the U.S. Department of Energy has announced final rules for residential gas furnaces to go into effect in late 2028. Non-weatherized gas furnaces and those used in mobile homes will require 95% efficiency. Read more: https://www.utilitydive.com/news/doe-finalizes-gas-furnace-efficiency-rule/695330.
Rules for electric vehicle instant rebates at dealerships are here:
Treasury lays out rules for instant EV rebate – E&E News by POLITICO (eenews.net). Starting Jan. 1, 2024, EV buyers can transfer their Inflation Reduction Act electric vehicle credits to dealerships and receive cash or apply the credit toward the cost of the car. The IRA provides a tax credit of up to $7,500 for certain electric vehicles and used EVs are eligible for a $4,000 credit.