Energy Efficiency Fund (Electric) - Small Business Energy Advantage Program (Connecticut)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Energy Efficiency Fund (Electric) - Small Business Energy Advantage Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Fed. Government, Industrial, Institutional, Local Government, State Government|
|Eligible Technologies||Central Air conditioners, Chillers, Compressed air, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, Programmable Thermostats, LED Lighting|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| $500 - $100,000/project|
|Funding Source|| Energy Efficiency Fund
|Maximum Incentive|| 100,000/project|
$500,000/municipality $750,000/Federal Tax ID
|Terms|| Rate: 0%|
Repayment: up to 36 months
Must have an average 12-month peak demand between 10 kW and 200 kW
|Program Administrator||UI and CL&P|
The Connecticut Energy Efficiency Fund offers financing through electric utility implementation of the Small Business Energy Advantage Program. The combined rebate and loan program offers Connecticut Light and Power's (CL&P) and United Illuminating Company's (UI) small business and industrial customers efficiency improvement loans and rebates for participating facilities. Business customers with an average 12-month peak demand between 10 kilowatts (kW) and 200 kW qualify for rebates; municipal and governmental facilities are also eligible. A utility 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 or UI, 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 the utility.
|Contact Name||Dennis O'Connor|
|Department||The United Illuminating Company|
|Address||P.O. Box 1564|
|Place||New Haven, Connecticut|
|Phone 2||(877) 947-3873|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.