All Connecticut Utilities implement electric and gas efficiency rebate programs funded by Connecticut's public benefits charge through the Energy Efficiency Fund. The Connecticut Light and Power Company, The United Illuminating Company, Connecticut Natural Gas, Southern Connecticut Gas, and Yankeegas commercial customers can access the following programs:
The Energy Efficiency Fund offers a program designed to encourage the construction of energy efficient homes. The Residential New Construction Program offers incentives targeted at increasing energy efficiency in several important stages in the construction process. Measures eligible for these rebates include insulation, geothermal heating and cooling, HVAC measures, hot water heating, ENERGY STAR certification, as well as a rebates offsetting the cost of performing a Home Energy Rating System (HERS) rating.
Connecticut homeowners and customers of Connecticut Light and Power Company (CL&P), and United Illuminating Company (UI) may apply for up to 100% financing for eligible energy efficiency upgrades through the Home Energy Solutions Program. Eligible homes include single- and two-family homes and condos as well as vacation (second) homes. The Connecticut Housing Investment Fund, Inc. (CHIF) administers the program. There are four major steps to the program:
Connecticut's original electric-industry restructuring legislation (Public Act 98-28), enacted in April 1998, created separate funds to support energy efficiency and renewable energy.* The efficiency fund is known as the Energy Efficiency Fund, and the renewables fund is known as the [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=CT03R&re... Connecticut Clean Energy Fund] (CCEF).
Energy Conservation Loans for single families are available through the Connecticut Housing Investment Fund, Inc. (CHIF) to owners of one- to four-family homes who meet established income limits for family size and location. Interest rates vary in accordance with the borrower's family size and income, and the loan may be repaid over 10 years. Single-family homes can receive a 0% interest rate if the family has below a 50% Median Income, or if the loan is for a furnace/boilers that is ENERGY STAR rated or has more than an 84% efficiency rating.
This document lists endangered, threatened, and species of special concern in Connecticut, along with procedures for petitioning to add or remove a species from these lists and to add or remove an area identified as an essential habitat. Such areas are identified by the Commissioner.
Companies relocating to or expanding within the state are eligible for CDA direct loans up to $5 million through its Economic Inducement Financing Program. proceeds may be used for working capital, equipment, facilities, or mortgages. Eligible companies must contribute to Connecticut’s technology base, intellectual capital, urban infrastructure, economic base, employment, tax revenues, or export of products and services.
The EXP Revolving Loan Fund provides loans between $10,000 and $100,000 with a 4% interest rate for a maximum ten-year term. The loans may be used to purchase machinery and equipment, for construction or relocation costs, working capital, or other business-related expenses authorized by the Connecticut Department of Economic and Community Development.
The EXP Job Creation Incentive Program provides loans towards expenditures related to training, marketing, working capital, or other Connecticut Department of Economic and Community Development-authorized expenses. Loan amounts range from $10,000 to $300,000 with a 4% interest rate. DECD may choose to defer loan payments or forgive up to 50% of the loan if job creation goals are met. DECD offers a matching grant program to small businesses that are likely to maintain job growth.
The Connecticut Development Authority’s Direct Loan Program provides direct senior and subordinated loans and mezzanine investments to companies creating or maintaining jobs. Up to $20,000 per job is available and proceeds may be used for working capital, equipment purchase, mortgage payments, or Brownfield remediation or redevelopment. The program provides access to loan funds that are otherwise unavailable to the borrower.