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Connecticut Banks to offer loans for energy savings

The State of Connecticut is looking for banks to offer special guaranty loans for non-profits, small businesses with less then 50 employees and individuals. These loans will be low-interest and can be used for purchase and installation of insulation, alternative energy devices, energy conservation materials, replacement furnaces and boilers, and technologically advanced energy-conserving equipment. Currently the state has set aside $18 million for this program. At this time the details of this program and which banks will be offering these loans is in the works.The Office of Policy and Management is in charge of this program. When the details are released of where to go to get this funding and the details of the requirements we will let you know.
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