Get Connecticut Clean Energy FundDepartment Of Energy

Current incentive rate The REC payment rate for approved projects submitting in 2023 is $0.0318 per kWh, and for approved projects submitting in 2024 is $0.000 per kWh. This rate is set by the state and remains the same for 20 years.

An energy ETF is an exchange-traded fund that exposes investors to the energy sector. They track a broad sector index, sub-sector, commodity, or asset. Energy ETFs invest in oil, gas, and alternative energy companies.

Clean energy investing refers to the allocation of capital towards renewable energy resources, companies, technologies, and projects that generate power with minimal environmental impact.

Best-performing clean energy ETFs TickerFund name5-year returnQCLNFirst Trust NASDAQ Clean Edge Green Energy Index Fund19.94%SMOGVanEck Low Carbon Energy ETF15.91%ICLNiShares Global Clean Energy ETF14.86%NZACSPDR MSCI ACWI Climate Paris Aligned ETF12.05%2 more rows • 2 Jan 2024

Connecticut's Clean Energy Plan CL&P offers clean energy from one of two companies: Community Energy and Sterling Planet. When you sign up with one of these firms, CL&P buys electricity from them on your behalf in an amount equal to 50% or 100% of your consumption.

A clean energy fund is a financial instrument designed to support the development, adoption, and integration of clean energy technologies. These funds aim to promote sustainable energy solutions, reduce greenhouse gas emissions, and support the global transition to a low-carbon economy.

In operation since 2000, the Clean Energy Fund has aimed to develop, invest in, and promote, sustainable energy sources. A surcharge on Connecticut ratepayers' utility bills provides the funding for the Clean Energy Fund, and the charge currently stands at "not less than" $0.001 per kWh (1 mill per kWh).

Horizon Europe, the EU's research and innovation funding programme, succeeds Horizon 2020, which was active between 2014 – 2020. Around €5.6 billion will be invested in research and innovation to support the European Green Deal, accelerating Europe's transition towards clean energy and climate neutrality by 2050.