Energy Efficiency Fund (Electric) - Small Business Energy Advantage Program (Connecticut)
This is the approved revision of this page, as well as being the most recent.
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|
|Date added to DSIRE||2006-04-11|
|Last DSIRE Review||2012-09-18|
| Last Substantive Modification
to Summary by DSIRE
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.