FAIRFIELD COUNTY
BUSINESS JOURNAL YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com
July 15, 2013 | VOL. 49, No. 28
CHARGED UP
FCBJ this week a Mortgage lender that originated in Fairfield is returning with a new retail office … 2 reaCtions Were MiXed after the Obama administration delayed a key provision of the Affordable Care Act … 3 PWC’s health researCh institute reports the rate of health care spending growth is at historic lows … 7 three Years aFter DoddFrank was signed into law, only 104 of 279 proposed regulations have become actively enforced … 9
Bridgeport Harbor Station. Photo courtesy of PSE&G.
GROUPS PUSH FOR COAL PLANT SHUTDOWN
MEDIA PARTNER
BY JENNIFER BISSELL jbissell@westfairinc.com
PUBLIC-PRIVATE SOLAR LEASING PROGRAM EXPANDS WITH $60M FUND BY PATRICK GALLAGHER pgallagher@westfairinc.com
ConneCtiCut, in PartnershiP with U.S. Bancorp and a consortium of lenders, has amassed nearly $60 million in financing to help expand a 2008 solar leasing program that has already facilitated more than 850 home solar system leases. The second rollout of the CT Solar
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5Banner year
Lease program will provide for the installation of about 1,500 solar photovoltaic systems and about 400 solar thermal systems, which were not covered under the initial program. Additionally, businesses and larger organizations will be eligible to participate, with about $12 million reserved for leases of commercial-scale systems. Under the program, which was launched in August 2008 by the
President BaraCk oBaMa’s recent call to address climate change has renewed efforts to shutter the Bridgeport Harbor Station, a coal-fired power plant. After years of organizing, the Healthy Connecticut Alliance campaign remains adamant that the power station should be retired, although the owner of the plant contends it’s still needed as a backup power source. Previously the station has ranked as the eighth-worst for environmental injustices by the National Association for the Advancement of Colored People, based on emission levels and demographics of where the plant is located.
» solar, page 6
» Coal, page 6
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15 Changing gears
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