Clean Energy On-Bill Financing

June 06, 2017

Summary

NOTE: Removed from DSIRE per request from Tyler Magnano (tyler.magnano@ctgreenbank.com) 6/6/ 2017

By April 1, 2014, the Energy Conservation Management Board and the Clean Energy Finance and Investment Authority (CEFIA) must consult with electric distribution companies and gas companies to develop a residential clean energy on-bill repayment program. The program will be financed by third-party, private capital and managed by CEFIA. The program will prioritize projects by cost-effectiveness, and the repayment term of any project cannot exceed the expected life of the improvements. Monthly payments cannot exceed the amount of the customer's bill before the project was installed. Residential customers of any electric distribution company or gas company will be eligible for the program.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Connecticut
Incentive Type:	Loan Program
Web Site:	http://www.ctcleanenergy.com/
Administrator:	Clean Energy Finance and Investment Authority
Start Date:	4/1/2014
Eligible Renewable/Other Technologies:	Solar Water Heat Geothermal Electric Solar Photovoltaics Wind (All) Biomass Hydroelectric Hydrogen Geothermal Heat Pumps Combined Heat & Power Fuel Cells using Non-Renewable Fuels Landfill Gas Tidal Wave Ocean Thermal Wind (Small) Hydroelectric (Small) Geothermal Direct-Use Anaerobic Digestion Fuel Cells using Renewable Fuels

Authorities

Name:	H.B. 6360
Date Enacted:	6/21/2013

Name:	Sec. 16a-40m
Effective Date:	04/01/2014

Contact

Name:	Connecticut Green Bank
Address:	865 Brook Street Rocky Hill CT 06067
Phone:	(860) 563-0015
Email:	cgbinfo@ctgreenbank.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.