Connecticut Auction Cuts Clean Energy Costs -- and Offers a Greener Path for the Country

solar panelsConnecticut has driven down the costs that customers will incur for their public utilities' clean-energy purchases through an innovative reverse auction. The newly-launched program is the first of its kind, but there's a congressional proposal with language directing the Energy Department to set up reverse, renewable-energy auctions on a nationwide basis.

The legislation has languished in the current Congress, but it will be back -- and its sponsor can now point to the promising outcome in Connecticut, where Democratic Gov. Dannel Malloy has led a charge for "cheaper, cleaner, and more reliable" electricity.

To read the rest of the article on AOL Energy, click here.


Increase your money and finance knowledge from home

Understanding Credit Scores

Credit scores matter -- learn how to improve your score.

View Course »

Investing in Emerging Markets

Learn to invest in a globalized world.

View Course »

Add a Comment

*0 / 3000 Character Maximum