The Connecticut Energy Storage Solutions Program is a new incentive for commercial customers served by Eversource and United Illuminating (UI) that became available on January 1, 2022. The program offers an upfront deployment incentive and an ongoing performance incentive for new standalone behind the meter energy storage or paired with new or existing solar systems. Within this incentive, battery storage is a financially attractive energy project for commercial and industrial (C&I) customers.
As part of our full service energy storage offering, Stem helps enroll customers in the Connecticut Energy Storage Solutions Program. Securing the incentive should help reduce utility bills by 25-35% and generate a 15-35% internal rate of return (IRR) on the ESS.
In this webinar, join Stem’s energy experts to learn about:
If you’re served by Eversource or UI, join us to learn more about how to secure the funding for your projects from the Energy Storage Solutions Program.
Disclaimer: This content is preliminary and is provided for informational and planning purposes only regarding the Inflation Reduction Act. This does not constitute legal, tax, regulatory, policy, or other advice or guidance. The provisions in legislative bill text require further clarification and guidance by executive branch, regulatory, and other agencies.