OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-993
AN ACT ASSESSING AN ANNUAL FEE AGAINST CERTAIN CLASS
I RENEWABLE ENERGY SOURCE INSTALLATIONS.
Primary Analyst: AN 3/29/21
Contributing Analyst(s): AN
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 22 $ FY 23 $
Various Municipalities Revenue
Gain
Approximately
$250,000
Approximately
$300,000
Explanation
The bill requires that Class I renewable energy projects with a
capacity greater than 50 kilowatts pay a $5 fee per kilowatt to the
municipality they are located in. The provisions of the bill only apply
to such projects installed after July 1, 2021.
The bill is anticipated to result in a revenue gain to municipalities of
approximately $250,000 in FY 22 and increase into the future as
capacity limits are increased. Based on historical averages, it is
anticipated that the bill would initially apply to approximately 50
megawatts in aggregate capacity across all related projects and
increase incrementally in FY 23.
The Out Years
The annualized ongoing fiscal impact identified above would
continue subject to the growth in capacity of Class I projects that
exceed 50 kilowatts.