(908) 955-0590

facebook
  • About
  • Blog/News
  • Customer Experience
  • About SRECs
    • Frequently Asked Questions
  • REC Markets
    • CT REC Program
    • MA REC Program
    • ME REC Program
    • NH REC Program
    • RI REC Program
    • VT REC Program
  • SREC Markets
    • MA SREC Program
    • MD SREC Program
    • NJ SREC Program
    • OH SREC Program
    • PA SREC / AEC Program
  • MA CPECs
    • What is a CPEC?
    • FAQs about CPECs
  • Installers
    • Overview
    • Knollwood Energy Installers
    • Solar Maintenance Providers
  • Contact

Blog / News Post

Comment are off

PUC releases budgets, schedules 10/10 hearing on rebates

20 Sep 2017
Knollwood Energy
The NH Public Utilities Commission (PUC) released the new budgets for Fiscal Year 2018 (July 1, 2017- June 30, 2018). The budgets are very low for the solar rebate programs, and likely will not be able to meet the historical annual demand for rebates at the current rebate levels.
In summary:
  • The Residential Solar Rebate Program Budget is $844,000
  • The C&I solar rebate program budget Category I is $468,300
  • The C&I solar rebate program budget Category II is $453,000
  • The RFP for Grants budget is $800,000
These above new funding allocations must also serve the wait-listed projects, which total about $600,000 for the residential program alone, leaving just ~250,000 for new, future applications.
The PUC is not re-opening any of the closed rebate programs to new applications at this time.

The PUC will hold a public comment hearing on Tuesday October 10 at 2:00 to consider modifications to the Residential Solar Rebate Program. Written comments will also be accepted through October 20th, if you cannot make the hearing.

Before the hearing on the 10th, PUC Staff will also release their recommended program changes.
NHSEA will be making comments, and we encourage members to attend the hearing or provide comments to the Commission and/or to communicate with us as well so that we can advocate for the next best steps for the industry and customers in this challenging situation.
-Kate Epsen, Executive Director, NH Clean Tech Council, NHSEA
About the Author
Knollwood Energy is focused on the renewable energy markets. Our goal is the expansion of renewable energy across the United States. Our many years of expertise in trading and finance will help all of our clients in either the compliance or voluntary markets.

Social Share

  • google-share

Recent News

10 May 2024

Massachusetts EV Community Events for October

25 Sep 2022

SREC Systems and 3G Phase Out

21 Feb 2022

Demise of 2G/3G can affect your SREC reporting - take action now!

15 Feb 2022

Massachusetts SREC1 hearing on May 12

07 May 2021

Categories

  • Announcements (20)
  • Energy Credits (16)
  • Massachusetts (57)
  • New Hampshire (10)
  • New Jersey (4)
  • SREC Markets (21)

Archives

  • May 2024 (1)
  • September 2022 (1)
  • February 2022 (2)
  • May 2021 (1)
  • December 2020 (1)
  • September 2020 (2)
  • July 2020 (1)
  • April 2020 (1)
  • January 2020 (1)
  • August 2019 (1)
  • July 2019 (2)
  • June 2019 (1)
  • May 2019 (1)
  • November 2018 (1)
  • October 2018 (2)
  • September 2018 (1)
  • May 2018 (1)
  • April 2018 (2)
  • March 2018 (1)
  • February 2018 (1)
  • November 2017 (1)
  • October 2017 (2)
  • September 2017 (3)
  • August 2017 (2)
  • July 2017 (3)
  • June 2017 (4)
  • May 2017 (1)
  • March 2017 (1)
  • February 2017 (1)
  • January 2017 (1)
  • December 2016 (2)
  • October 2016 (1)
  • September 2016 (3)
  • August 2016 (2)
  • July 2016 (1)
  • April 2016 (3)
  • February 2016 (4)
  • August 2014 (2)
  • June 2014 (1)
  • August 2013 (1)
  • July 2013 (1)
  • June 2013 (1)
  • February 2013 (1)
  • January 2013 (1)
  • September 2012 (1)
  • August 2012 (2)
  • July 2012 (3)
  • March 2012 (1)
  • February 2012 (1)
  • January 2012 (2)
  • December 2011 (1)
  • October 2011 (1)
  • August 2010 (1)

Knollwood Energy

Address

P.O. Box 30
Chester, NJ 07930

P: (908) 955-0590
E: info@knollwoodenergy.com

Recent Posts

10 May 2024

Massachusetts EV Community Events for October

25 Sep 2022

State SREC Markets

  • MA REC Program
  • ME REC Program
  • NH REC Program
  • VT REC Program
  • MA SREC Program
  • MD SREC Program
  • NJ SREC Program
  • OH SREC Program
  • PA SREC / AEC Program
© 2020 Knollwood Energy. All Rights Reserved. Tweaked by I Heart Blank, LLC

Testimonial Details