February 8, 2012

Renewable energy incentives lure California solar firm to Connecticut

California-based solar energy services company is the first to take advantage of Connecticut's  efforts to encourage the development and use of renewable energy sources.

SolarCity, based in San Mateo, Calif., will announce today in a press release that it is expanding into Connecticut to provide a less-expensive way for residential and business customers to install and benefit from solar power.

Connecticut will be the 12th state plus the District of Columbia in which SolcarCity operates, joining four others in the Northeast -- Massachusetts, New Jersey, New York and Pennsylvania. SolarCity has leased an office in Hartford, its 26th operations center, and will fill positions locally, officials said. They did not say how many people they will hire.

SolarCity is expanding to Connecticut in large part due to the efforts of the state—through programs at Connecticut Clean Energy Finance and Investment Authority (CEFIA) and the Department of Energy and Environmental Protection (DEEP) to promote, develop and invest in clean energy and energy efficiency projects.

Effective July 1, 2011, the Connecticut Clean Energy Fund became part of the newly created Clean Energy Finance and Investment Authority (CEFIA).  CEFIA’s mission is to promote, develop and invest in clean energy and energy efficiency projects in order to strengthen Connecticut’s economy, protect community health, improve the environment, and promote a secure energy supply for the state.  As the nation’s first full-scale clean energy finance authority, CEFIA will leverage public and private funds to drive investment and scale-up clean energy deployment in Connecticut.

1 comment:

  1. Imagine how much the economy would BOOM if this kind of policy was offered on a FEDERAL level!