LCO No. 1632 1 of 2 General Assembly Proposed Bill No. 5921 January Session, 2025 LCO No. 1632 Referred to Committee on ENERGY AND TECHNOLOGY Introduced by: REP. HUGHES, 135th Dist. REP. SWEET, 91st Dist. REP. MENAPACE, 37th Dist. REP. SHANNON, 117th Dist. REP. DEMICCO, 21st Dist. AN ACT CONCERNING FUNDING FOR THE CONNECTICUT GREEN BANK AND INCENTIVES FOR SOLAR INSTALLATIONS FOR CERTAIN COMMUNITIES AND HOUSEHOLDS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to (1) expand funding for the 1 Connecticut Green Bank, (2) support income-based incentives for solar 2 photovoltaic system installations for low and moderated income 3 households, (3) provide tax credits for the installation of solar 4 photovoltaic systems in economically distressed communities and 5 environmental justice communities, (4) support community solar 6 programs, (5) ensure net metering provides a fair economic benefit to 7 end use electric customers utilizing such metering, (6) incentivize solar 8 installation workforce expansion, (7) improve the electric distribution 9 grid in underserved areas, and (8) provide for targeted incentives to 10 increase the adoption of solar photovoltaic systems in underserved 11 communities. 12 Proposed Bill No. 5921 LCO No. 1632 2 of 2 Statement of Purpose: To (1) expand funding for the Connecticut Green Bank, (2) support income-based incentives for solar photovoltaic system installations for low and moderated income households, (3) provide tax credits for the installation of solar photovoltaic systems in economically distressed communities and environmental justice communities, (4) support community solar programs, (5) ensure net metering provides a fair economic benefit to end use electric customers utilizing such metering, (6) incentivize solar installation workforce expansion, (7) improve the electric distribution grid in underserved areas, and (8) provide for targeted incentives to increase the adoption of solar photovoltaic systems in underserved communities.