Connecticut Green Bank board approves FY27 targets, discusses residential battery pilot mandate
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Citizen Portal
Summary
The Connecticut Green Bank board approved FY27 program targets at its June 26 meeting, including roughly 137 financing projects and about $100 million in capital deployment. The board discussed a conservative revenue forecast, higher operating R&D tied to a legislatively mandated residential energy storage pilot, and a 5% merit pool for staff pay increases.
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bskyConnecticut Green Bank board approves FY27 targets, discusses residential battery pilot mandatecitizenportal.aiKey quotes
· 2 pulledBoard approved FY27 program targets and discussed a conservative revenue forecast, higher operating R&D tied to a legislatively mandated residential energy storage pilot, and a 5% merit pool for staff pay increases.
Eric, lead of the Budget Operations and Compensation Committee, presented program goals including roughly 137 financing projects and about $100 million in capital deployment (approximately $52 million of th
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