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Bryan Garcia, President of the CT Clean Energy Finance and Investment Authority (CEFIA)
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Please join Blueprint for Efficiency for the second in a series on state-level financing initiatives for clean energy and energy efficiency projects.
This presentation will discuss how the state of Connecticut is transitioning the state’s former subsidy-driven approach to support the deployment of clean energy towards a new financing model (or “green bank” model).
Utilizing system benefit funds or ratepayer funds in new and innovative ways beyond conventional subsidies, CEFIA is approaching the rooftop solar PV market in the residential and commercial sectors through public-private partnerships using lease and C-PACE (i.e. Commercial Property Assessed Clean Energy) financing structures. The presentation will use a model developed by The Brattle Group and on-the-ground experience to depict the challenges and opportunities for financing the deployment of rooftop solar PV in Connecticut. The examples from Connecticut can be applied to other states that seek to identify new ways for investing limited ratepayer or taxpayer funds to increase the deployment of clean energy.
Prior to rejoining CEFIA in 2011, Bryan Garcia was program director for the Yale Center for Business and the Environment. At Yale, Bryan led efforts to develop a leading global program responsible for preparing environmental leaders for business and society. Previously he was director of energy market initiatives at CEFIA, where he created the Connecticut Clean Energy Communities Program and served as the climate change coordinator for the Governor's Steering Committee on Climate Change. He holds a Bachelor of Science degree in political economy of natural resources from U.C. Berkeley, master’s degrees in public administration and business administration from New York University, and a Master of Environmental Management degree from Yale University.