“I am excited that this clean and green technology is coming to downtown Bridgeport," Rosario said. "This will not only help our business community save on energy costs, but it will also reduce our carbon footprint in the process.” said Rosario, D-Bridgeport.
This measure was adopted as part of the legislature’s budget adjustments. It allows NuPower Thermal, the company taking the lead on the project, to develop an incentive program for potential customers to secure long-term contracts that will make the project economically viable. NuPower Thermal will then be required to submit its plan to the state Department of Energy and Environmental Protection and the Energy Conservation Management Board for approval.
The company has the potential to receive up to $9 million to make the project a reality.
“The construction of the Bridgeport District Energy project took a giant step forward due to the Bridgeport delegation’s support for legislation that incentivizes conversion from fossil fuel-based energy to heating and cooling generated by waste heat,” said project developer Scott Guilmartin. “Without the delegation’s strong efforts, the program created within the Energy Conservation & Load Management Fund would not have been accomplished. The project has received national attention with start of construction anticipated in late 2016.”
Click here to follow Daily Voice and receive free news updates.
