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Peter Key's picture
Freelance Writer, Editor, Consultant Self-employed

I've been a business journalist since 1985 when I received an MBA from Penn State. I covered energy, technology, and venture capital for The Philadelphia Business Journal from 1998 through 2013....

  • Member since 2015
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  • Aug 5, 2021
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Another state is turning to storage to try to green up its grid.

This time, it's Connecticut, which is offering incentives to cut the cost of buying and installing energy storage systems for the residential, commercial and industrial customers of its two electric distribution utilities, Eversource Energy and United Illuminating.

The incentives will be offered through a nine-year electric storage program that, fittingly enough, is called the Electric Storage Program and was developed to help the Nutmeg State meet its goal of deploying 1,000 MW of energy storage by the end of 2030.

The program will be administered by the Connecticut Green Bank, which administrates the state's Residential Solar Investment Program, Eversource and UI. 

 

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