$500,000/municipality $750,000/Federal Tax ID
Energy Efficiency Fund
$500 - $100,000/project
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.