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Clean Energy On-Bill Financing

Last Review: 2013-07-03
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Solar Water Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, CHP/Cogeneration, Hydrogen, Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Ocean Thermal, Renewable Fuels, Ethanol, Methanol, Biodiesel, Fuel Cells using Renewable Fuels
Applicable Sectors: Residential
Website: http://www.ctcleanenergy.com/

Summary:

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. 


Contact:
Information - CEFIA
Clean Energy Finance and Investment Authority
865 Brook Street

Rocky Hill, CT 06067
Phone:(860) 563-0015 Ext.
Phone 2:()
Email: info@ctcleanenergy.com
Web site: http://www.ctcleanenergy.com

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