Integrated Retail Energy, DER Provider Launches Retail Supply, Other Offerings In Connecticut

Catalyst Power Holdings LLC is launching diversified power services in Connecticut, including retail energy supply

"Catalyst Power provides a range of cleaner energy solutions to Connecticut businesses, including custom-priced energy service, Connected Microgrids, and other onsite solar projects that allow companies to reduce energy costs, monetize their roof, meet sustainability goals, and ensure energy resilience," Catalyst said

"The launch coincides with the beginning of the Connecticut Non-Residential Renewable Energy Solutions Program, which creates the opportunity for businesses to install solar onsite at no cost and collect monthly payments," Catalyst said

Catalyst said that, "Solar projects less than 200 kWs will be awarded contracts in February on a first come first serve basis and compensated via a 20-year fixed incentive rate. Larger projects will be selected in mid-March 2022 based on a bid per unit of electricity submitted and compensated over 20 years at that bid price."

"Catalyst Power develops innovative energy supply solutions for commercial and industrial companies, with a focus on a first-of-its-kind network of Connected Microgrids, a no-up-front-cost custom solution using onsite solar panels and with back-up generators, as well as retail power and gas supply. Catalyst Power provides small- to industrial-sized businesses access to distributed generation through our network of Connected Microgrids. The company utilizes a proprietary technology platform that provides a fresh perspective on data to identify, underwrite, fund, and provide solutions to customers while operating more cost-effective onsite energy projects for our retail energy clients," Catalyst said

Catalyst Power is a portfolio company of BP Energy Partners, LLC

See more background on the company here