Connecticut Light & Power - Small Business Energy Advantage Program (Connecticut) Utility Loan Program
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Connecticut Light and Power - Small Business Energy Advantage Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Fed. Government, Industrial, Local Government, State Government|
|Eligible Technologies||Central Air conditioners, Chillers, Compressed air, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, Programmable Thermostats|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Minimum: 500
|Funding Source|| Energy Efficiency Fund
|Maximum Incentive|| 100,000/project|
|Terms|| Rate: 0%|
Repayment: up to 30 months
Through the Connecticut Energy Efficiency Fund, Connecticut Light and Power (CL&P) offers the Small Business Energy Advantage Program. The combined rebate and loan program offers CL&P's business and industrial customers efficiency improvement loans and rebates for their facilities. Business customers with an average 12-month peak demand between 10 kW and 200 kW qualify. Municipal and governmental facilities are also eligible. A contractor conducts an energy assessment of the facility and submits a proposal of possible energy-efficiency measures, estimated energy savings, customer incentives, and financing options. Once approved by CL&P, an exact rebate amount is determined. In addition to the rebate, the remaining cost of the project can be paid off in the form of a zero interest loan directly from CL&P.
|Contact Name||Connecticut Light and Power|
|Address||P.O. Box 270|
|Phone 2||(800) 286-2000|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.