Business Energy Conservation Revolving Loan Fund
Last modified on February 12, 2015.
Financial Incentive Program
|Place|| New Hampshire
|Name||Business Energy Conservation Revolving Loan Fund|
|Incentive Type||State Loan Program|
|Applicable Sector||Agricultural, Commercial, Industrial, Nonprofit|
|Eligible Technologies||Custom/Others pending approval, Unspecified technologies|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| $100,000 minimum
|Funding Source|| Regional Greenhouse Gas Initiative (RGGI)
|Program Budget|| $2 million
|Terms||Not to exceed five years|
|Program Administrator||New Hampshire Business Finance Authority|
The New Hampshire Business Finance Authority (BFA) administers a revolving loan program for businesses and non-profit organizations to finance energy efficiency improvements. The terms are flexible, and the BFA will work with interested applicants to customize a loan package that results in increased energy efficiency and financial savings. The initial minimum loan amount is $100,000, and an initial energy audit is required. Interested companies and non-profits should contact BFA directly for more information.
The New Hampshire Public Utilities Commission (PUC) has provided $2 million to capitalize this fund. Continued operation of the program depends on the recycling of principal repayments and additional appropriations or other sources of revenue.
|Contact Name||NH BFA Revolving Loan Information|
|Department||New Hampshire Business Finance Authority|
|Address||2 Pillsbury Street|
|Address 2||Suite 201|
|Place||Concord, New Hampshire|
|Phone|| (603) 415-0190
Authorities (Please contact the if there are any file problems.)
|Authority 1:||New Hampshire Statutes § 125-O:23|
|Date Enacted|| 2008
|Authority 2:||N.H. Admin. Rules. PUC 2604|
|Date Effective|| 2009-01-01
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.