Connecticut Senate Bill SB00366

Connecticut 2016 Regular Session

• Introduced: 3/2/16
• Refer: 3/2/16
• Report Pass: 3/22/16
• Refer: 4/4/16
• Report Pass: 4/11/16
• Engrossed: 4/27/16
• Report Pass: 4/29/16
• Chaptered: 5/25/16
• Enrolled: 5/26/16
• Passed: 6/10/16

Caption

An Act Concerning Administration Of The Connecticut Green Bank, The Priority Of The Benefit Assessments Lien Under The Green Bank's Commercial Sustainable Energy Program And The Green Bank's Solar Home Renewable Energy Credit Program.

Impact

The enactment of SB 366 primarily impacts state laws related to the administration of the Connecticut Green Bank and the mechanisms for promoting and financing clean energy projects in Connecticut. The bill outlines specific financial supports aimed at encouraging the installation of residential solar photovoltaic systems and mandates a structured program to achieve significant capacity goals for renewable energy generation. Additionally, the bill establishes a framework for negotiating agreements between the Green Bank and electric distribution companies to simplify the purchase and resale of solar home renewable energy credits.

Summary

Senate Bill 366, known as 'An Act Concerning Administration of the Connecticut Green Bank,' aims to enhance the operations and responsibilities of the Connecticut Green Bank, a body politic that supports clean energy initiatives within the state. The bill emphasizes the bank's role in financing sustainable energy projects and managing the state's Clean Energy Fund, including providing direct financial incentives for solar energy system installations. It is intended to stimulate investment in clean energy technologies while also preventing market complications that could arise from inconsistent regulation across municipal jurisdictions.

Sentiment

The general sentiment regarding SB 366 appears to be supportive among proponents of renewable energy and environmental advocacy groups, who see the measures as essential for promoting green technologies and achieving energy efficiency goals. However, there remain concerns from some stakeholders about the potential bureaucratic complexities and the effectiveness of the proposed incentives. Overall, the sentiment reflects hope for progress in clean energy deployment while recognizing the challenges that accompany government involvement in energy markets.

Contention

Notable points of contention revolve around the adequacy and effectiveness of the financial incentives offered by the Green Bank. Critics may argue that despite the bill's good intentions, there is a risk of insufficient funding or overly complicated processes leading to delays in project implementation. Additionally, concerns regarding prioritization of projects that may favor certain commercial interests over broader community needs could arise during implementation of the bill’s provisions. The bill also raises questions about the interplay between state and local governance in energy regulation, reflecting a broader debate about the proper balance of power in energy policy management.