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Connecticut Clean Energy Fund Seeks Comments on Possible Photovoltaic (PV) Program for Homes

Responses requested by Oct. 10, 2003

ROCKY HILL, CONN., -- Sept. 30, 2003 -- The Connecticut Clean Energy Fund (CCEF) is inviting photovoltaic industry professionals and other interested stakeholders to submit comments to help shape a program being contemplated to promote the installation of photovoltaic (PV) systems in Connecticut residences. PV technology converts sunlight into electricity.

“CCEF believes that PV is an important renewable-energy technology and one that we want to increase its utilization in Connecticut,” said Charlie Moret, managing director, investments, for the fund. “CCEF is interested in promoting the use of PV, demonstrating the technology’s commercial viability and encouraging a sustainable market for it. A residential PV program will move us closer to those goals.”

The fund is soliciting comments on the proposed residential program in order to maximize the effectiveness of its success and of the program, and to meet the diverse needs of the greatest number of Connecticut residents.

Comments should be in the form of a letter of fewer than two pages and should reach CCEF by October 10, 2003. Those responding are asked to include an expression of interest in participating in a residential PV program and comment on any of these topics:

Incentive structures -- Buydown and levels, production incentive component and level, financing

Systems -- Eligible sizes, grid tied only, grid with storage, non-grid operation

Standards – PV systems, PV modules, inverters, metering

Vendor requirements – Warranty requirements, insurance requirements, basic eligibility requirements

Other – Administration, evaluation overall proposed PV program approach

CCEF is an investment fund the Connecticut General Assembly created in 1998 to promote the development and use of clean and renewable energy technologies for the benefit of Connecticut ratepayers. The fund is administered by Connecticut Innovations, the state’s technology-investment arm, and financed by a surcharge on ratepayers’ electric utility bills. For more details, please visit our website at www.ctcleanenergy.com.