EDCs back price-cap stability for Year 7 shared clean energy program, propose ending cash-out of subscriber credits

United Illuminating and Eversource told a Public Utilities Regulatory Authority technical meeting that they want to keep the same price-cap setting method and most bid preferences for the Shared Clean Energy Facility program’s seventh year and proposed removing the program’s cash-out option for subscriber on-bill credits to avoid inadvertent payments to former account holders.

At the meeting, held as part of docket 250804, John King of United Illuminating summarized the utilities’ recommendations, saying the EDCs support “using the same price cap setting methodology as described in the year 6 SCAP final program decision” and urged continuing a single price cap for most project types while allowing carport canopy projects to bid above the standard cap as they have in prior years.

The utilities told authority staff they favor keeping the bid-preference categories and amounts established in the year 6 decision, arguing that “revisiting and potentially revising the bid preferences annually is counterproductive to program…