Small Business & Municipal Loan Program

August 19, 2024

Summary

Energize CT offers low interest loans for commercial and industrial customers for investments in energy efficiency improvements.

Terms

Commercial or industrial businesses participating in the Small Business Energy Advantage (SBEA) program can apply for loans ranging from $500-$100,000.
Municipalities participating in a retrofit program can apply for loans up to $1 million.
Repayment terms up to 60 months.

Eligibility

Commercial and industrial businesses of Eversource or UI that are participating in the Small Business Energy Advantage (SBEA) program are eligible.
Municipalities served by Eversource or UI with projects qualifying for the Energy Opportunities program may also participate.
All participating customers must be in good credit standing, be a Utility customer for one year , and have less than four utility late payments.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Connecticut
Incentive Type:	Loan Program
Web Site:	https://energizect.com/financing/sbea-muni
Administrator:
Start Date:
Eligible Renewable/Other Technologies:	Other EE
Maximum Loan:	$500 to $1 million
Loan Term:	up to 60 months
Interest Rate:	Subsidized low-interest financing for first $100,000 of the loan

Contact

Name:	Eversource Energy and United Illuminating Co
Address:	CT
Phone:	(877) 947-3873

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.