Loans and Financing
This financing option helps businesses afford high-efficiency HVAC systems, refrigeration, and lighting upgrades with flexible, on-bill repayment options.
What is Small Business Energy Advantage (SBEA) financing?
Under Connecticut’s comprehensive energy incentives, projects that install three or more systems qualify for up to this percentage of their installed cost in incentives.
What is 65%?
All SBEA projects incentives are capped at what percentage?
What is 80%.
Small businesses with an energy usage up to 3,000,000 kWh (Eversource) & 2,000,000 kWh (United Illuminating) annually should apply for this program to receive incentives and on-bill financing for efficiency upgrades.
What is the Small Business Energy Advantage (SBEA) Program
To secure a project reservation in the Eversource EV Charging Incentive Program, customers must sign and return this document within 30 days.
What is the Letter of Agreement (LOA)?
SBEA loans can extend to these terms.
What is 60 Months?
The Tier 1 Comprehensive incentive offers $0.50 per annual kWh saved and $5.00 per annual CCF of natural gas saved, capped at this percentage of total project cost.
What is 50%?
Name 3 Systems/Measures other than LED Lighting that can be looked at for SBEA projects to increase the $/kWh & $/CCF incentive rates for the project?
What is many possible answers (Ryan & Daniela will be the judge).
This program is useful for customers changing from LED to LED or have low run hours for lighting measures where the customer will receive an instant rebate from the distributor for lighting fixture?
What is the Upstream Lighting Program.
In Eversource’s EV Charging Incentive Program, any changes to an approved project scope must be documented in this type of signed document.
What is a written change order?
The Connecticut Hospital Association Trust (CHAT) Loan ranges up to how many years at what rate of interest?
What is 7 years at 0% financing.
Businesses and properties located in these designated areas are eligible for enhanced incentives, including an additional $0.10 per kWh saved or a 10% increase to cost caps, with a maximum bonus of $50,000 per project.
What are Connecticut's Distressed Municipalities?
Microbusinesses served by Eversource must have a total electric usage under this many kWh per year to qualify for incentives.
What is 100,000 kWh?
This program helps new commercial construction projects achieve energy efficiency goals through incentives for lighting, HVAC, and whole-building designs.
What is the Energy Conscious Blueprint Program?
The maximum rebate amount Eversource offers for a Level 2 EV charging station installation at a Connecticut business is this amount.
What is $40,000?
This financing program allows commercial property owners to repay energy efficiency and renewable energy upgrades through a benefit assessment on their property tax bill.
What is Commercial Property Assessed Clean Energy (C-PACE)?
To ensure balanced energy savings, no single system in a comprehensive project can contribute more than this percentage of total energy savings.
The SBEA baseline & Standard Lighting $/kWh & $/CCF rates starts off the project at what?
What $0.20 per kWh & $3.00 per CCF.
This program is best suited for a private entity with energy usage over 3,000,000 kWh annually that is looking for incentives on lighting, HVAC, and building envelope upgrades.
What is the Energy Opportunities Program?
Eversource's EV charging rebates are part of a statewide program administered by Connecticut's regulated electric companies and overseen by this authority.
What is the Public Utilities Regulatory Authority (PURA)?
This financing option allows Connecticut commercial and industrial customers to implement energy-saving measures with low-interest loans.
What is the National Energy Improvement Fund (NEIF) loan program?
Compressed air upgrades are divided into three separate systems: Equipment, Distribution System, and this energy recovery measure.
What is Heat Recovery off a Compressor?
The adders for incentives for Microbusiness customers in the SBEA program is how many $/kWh & $/CCF?
What $0.80 per kWh & $1 per CCF.
To be eligible for heat pump rebates in Connecticut, customers must select a contractor from this network.
What is the Energize CT Heat Pump Installer Network (HPIN)?
Eversource now requires all customers to use this online portal to track their EV charging projects and submit required documents.
What is PowerClerk?