Earlier this year, the Public Utilities Regulatory Authority (PURA) approved updates to the Non-Residential Renewable Energy Solutions (NRES) program, a statewide, six-year solar program that supports Connecticut’s goal of carbon-free electricity by 2040.
The recently passed Inflation Reduction Act of 2022 (the “Act”) has generated a lot of buzz – and rightly so. This is a nearly $400 billion legislative package that expands tax incentives and discounts for solar, energy storage, and other renewable energy resources.
The recent signing of the Inflation Reduction Act (IRA) of 2022 has generated both excitement and confusion for businesses and property owners. There are 730 pages of dense legalese on a range of topics, with various provisions, that require further guidance by the U.S. Department of Treasury.