Solar & Battery Regulation & Incentive Programs

Low Interest Energy Efficiency Loan Program (Electric and Gas)

Program Overview

Category:: Financial Incentive
Program Type:: Loan Program
Implementing Sector:: Utility
State:: Connecticut
Website:: http://www.energizect.com/businesses/programs/Low-Interest-Loans-for-Commercial-Industrial-Customers
Maximum Loan:: $2,000 to $1 million
Loan Term:: up to 60 months
Interest Rate:: Subsidized low-interest financing for first $100,000 of the loan
Remaining financed at Market Rates
Applicable Sectors:: Commercial, Industrial, Federal Government, Agricultural
Utility:: United Illuminating Co, Southern Connecticut Gas
Last Updated:: 06/11/2019
Funding Source: CT Energy Efficiency Fund

Summary

Energize CT offers low interest loans for commercial and industrial customers for investments in energy efficiency improvements. Electric customers of Eversource Energy, United Illumination, and gas customers of CNG and Southern Connecticut Gas are eligible for funding.

The low interest loan up to $100,000 is offered for industrial and commercial customers who participate in a qualifying energy efficiency improvement program offered through Energize CT. Applicants may also qualify for additional loans up to $1 million, which is provided at market rates.

Interested participants can contact their utility account executive or call 877-WISE-USE for more information about the program.