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Norwich Public Utilities - Zero Percent Financing Program

Eligibility 
Commercial
Industrial
Local Government
Nonprofit
State Government
Federal Government
Savings Category 
Custom/Others pending approval
Program Info
Sector Name 
Utility
Administrator 
Norwich Public Utilities
State 
Connecticut
Program Type 
Loan Program
Summary 

In partnership with several local banks, Norwich Public Utilities (NPU) is offering a zero percent loan to commercial and industrial customers for eligible energy efficiency improvement projects. Eligibility is determined by a technical evaluation of the customer's facility, and the evaluation must show that the proposed energy efficiency improvements would result in a positive cost benefit and project payback of five years or less. After the loan is approved, the customer will choose a contractor to perform work outlined in the NPU report. The customer must submit project plans and specifications to NPU for review. Any changes to a project proposal must be approved by NPU prior to construction. NPU will make interest payment(s) directly to the lender. See the website above for more program details.