GCA is monitoring legislative action on policies supporting the deployment of renewable energy resources. House Bill 7251, AN ACT CONCERNING LONG-TERM CONTRACTS FOR CERTAIN CLASS I GENERATION PROJECTS AND THE RESIDENTIAL SOLAR INVESTMENT PROGRAM AND REQUIRING A STUDY OF THE VALUE OF SOLAR, unanimously passed the Energy & Technology Committee and awaits action by the full General Assembly before it adjourns June 5th.
The bill would preserve net metering for those generating electricity from Class I renewable resources and increase the megawatt amount of solar for which the Green Bank may provide financial incentives through its Residential Solar Investment Program (RSIP).