$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 & 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.