The proposed bill, General Assembly Proposed Bill No. 5921, aims to enhance funding for the Connecticut Green Bank and establish various incentives to promote solar energy installations, particularly for low and moderate-income households. Key provisions include income-based incentives for solar photovoltaic system installations, tax credits for installations in economically distressed and environmental justice communities, and support for community solar programs. Additionally, the bill seeks to ensure that net metering offers fair economic benefits to electric customers, incentivize the expansion of the solar installation workforce, and improve the electric distribution grid in underserved areas.

The bill also emphasizes targeted incentives to boost the adoption of solar photovoltaic systems in underserved communities. The proposed changes do not include any deletions from current law but introduce several new provisions aimed at fostering solar energy growth and accessibility across Connecticut.