Connecticut Green Energy Building Solutions

July 13, 2021


Connecticut Green Bank offers green energy solutions to home, building and multifamily property owners, residential and commercial contractors, towns and cities, and even capital providers. Learn more about their programs here. A list of incentives for each property owner is included below. For more information on the Connecticut Green Bank visit the DSIRE Connecticut Clean Energy Fund program listing.


  • Smart-E Loan: No money down, low-interest financing with flexible terms to help you upgrade your home’s energy performance. Almost any home improvement project that reduces energy use and lowers costs may qualify.
  • Residential Solar Investment Program (RSIP): he Residential Solar Investment Program provides rebates that lower the initial out-of-pocket costs to homeowners who wish to install a solar photovoltaic (PV) system.
  • PosiGen Solar + Efficiency for Low-to-Moderate Income Homeowners: offers to low-to-moderate income homeowners a solar lease that also combines money-saving energy efficiency measures.

Building Owners

  • C-PACE: An innovative program that lets you pay for green energy improvements over time through a voluntary benefit assessment on your property tax bill. C-PACE makes it easier for building owners to secure low-interest capital to fund energy improvements and is structured so that energy savings more than offset the benefit assessment.

Multifamily Housing

  • Save money on operating costs, reduce energy costs, and improve the living environment for your tenants with support from the Connecticut Green Bank. 
  • Eligibility: Owners of multifamily residential properties with 5 or more units, Owners of market rate and affordable housing, Private owners, Non-profit owners, Public Housing Authorities, Assisted living communities, Condominium and cooperative associations
  • Available Upgrades Include: Heating and cooling systems, Hot water systems, Building envelope, Lighting and appliances, Water efficiency, Renewable energy systems (solar PV, solar thermal, and others), Conversion from oil or electric to gas, Qualified health and safety measures

Residential and Commercial Contractors

  • Smart-E Loan
  • Multifamily Energy Financing Programs
  • Residential Solar Investment Program (RSIP)
  • C-PACE

Towns and Cities

  • Energy Savings Performance Contracts (ESPCs)
  • Solarize CT: Coordinated outreach, education and marketing, combined with competitive pricing for homeowners, have rapidly expanded solar in communities across the state.
  • C-PACE Municipalities: Economic development tool to attract and retain business with lower energy costs,  creating jobs, while reducing greenhouse gases and other pollutants. 

Capital Providers 

Connecticut Green Bank offers partnerships with local lenders and capital providers to help support the green energy movement.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Connecticut
Incentive Type: Green Building Incentive
Web Site:
Administrator: Connecticut Green Bank
Start Date:
Eligible Renewable/Other Technologies:
  • Solar - Passive
  • Solar Thermal Electric
  • Solar Photovoltaics
  • Water Heaters
  • Lighting
  • Air conditioners
  • Energy Mgmt. Systems/Building Controls
  • Comprehensive Measures/Whole Building


Name: H.B. 6706
Date Enacted: 07/01/2013

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.