Through Renewable Energy Solutions, you can sell the power you generate with your residential solar installation and any renewable energy certificates (RECs) to Eversource. If you applied to install solar before January 1, 2022, you are participating in the Net Metering Program. Contact online >>
Through Renewable Energy Solutions, you can sell the power you generate with your residential solar installation and any renewable energy certificates (RECs) to Eversource. If you applied to install solar before January 1, 2022, you are participating in the Net Metering Program.
To get started, you should contact a licensed solar installer in Connecticut. The installer will work with you to design your system and submit your application to Eversource.
On your application, you''ll be able to select from two incentive compensation options: Buy-All and Netting. Each is designed to provide a similar return on investment. You may also qualify for additional income-based incentives.
The Buy-All rate for approved applications submitting in 2023 is $0.2943 per kWh, and the Buy-All rate for approved applications submitting in 2024 is $0.3189 per kWh. This rate includes the REC value. Once enrolled, your incentive rate is locked in for a 20-year term.
The netting incentive rate is the current retail rate plus a quarterly Renewable Energy Certificate (REC) payment. 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.
While the 2024 base rate is $0.000/kWh, projects may still receive a REC payment if that project is eligible for adders. See the Additional Income-Based Incentives section for more information.
A REC is generated for each megawatt-hour (MWh) of electricity that your system generates regardless of whether you use the energy or it is exported to the electric grid.
With the Netting Incentive, you’ll receive a new meter that measures how much energy you consume and how much is exported to the grid. You''ll also receive a second meter to measure the energy produced by your solar installation.
You may be eligible for an additional incentive if your income isat or below 60% of the state median incomeor if your solar installation is in an economically-distressed community. You can only receive one additional incentive.
Note: solar PV projects can also interconnect under Rate 980 as an alternative to RRES, however this is not typically preferred by residential customers. For more information, see our Rate 980 FAQ.
Customers installing storage with their solar PV system may be interested in the Energy Storage Solutions incentive program. Energy Storage Solutions was designed to help Eversource customers install energy storage at their homes and lowers the cost of a battery by providing both upfront and performance incentives. To learn more, see
About Eversource renewable energy solutions website
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