There is a loan program available that offers low interest loans for retail customers for installation of Photovoltaics, Wind Fuel Cells, and Cogeneration. The loans are at a fixed rate, not greater then the prime rate. This loan can be used in combination with some of the CT Clean Energy Fund, CL & P, and UI conservation energy programs. The maximum loan is $1,000,000. This is great way to be able to afford these upgrades with other funding from the other funds. There are a few conditions to this loan such as a minimum capacity of 50 kW and a maximum capacity of 65 kW. Contact us for more information.
It is hard to tell what direction energy efficienct funding will go. The Federal Government may be making huge cuts to energy efficiency and green technology funding, but it may be a little time until we know for sure what is going to happen. But Connecticut is moving in its own direction, continuing and even increasing funding for energy efficient projects. The new legislation SB 1243 that was signed by Governor Malloy in July, makes huge strides forward. SB 1243 is an act concerning the establishment of the Department of Energy and Environmental Protection and planning for Connecticut's Energy Future. The bill merges the Department of Environmental Protection (DEP) and the Department of Public Utility Control (DPUC) into the newly created Department of Energy and Environmental Protection (DEEP). The legislation also allocates $2 mil in funding/grants for cogeneration, as well as continuing much of the funding for solar pv, solar thermal, including grant programs, tax rebate...
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