Connecticut Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 04/26/2012
Program Overview:
| State: |
Connecticut |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Custom/Others pending approval |
| Applicable Sectors: |
Commercial, Industrial, Nonprofit, Local Government, State Government, Fed. Government |
| Amount: | not specified |
| Maximum Incentive: | not specified |
| Terms: | Rate: 0% Repayment: not specified |
| Web Site: |
http://www.norwichpublicutilities.com/index.php/for-my-business/e...
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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.
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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