Small Business Energy Advantage Loan Program

Summary

Energize Connecticut offers Small Business Energy Advantage program that provides low interest financing for small commercial and industrial customers to make energy improvement. The program offers combination of rebates and loans.

Eligibility

Small business customers of Eversource and United Illuminating Company (UI) with an average 12-month peak demand between 10 kilowatts (kW) and 200 kW are eligible to participate. Natural gas customers of CNG, SGC, or Eversource can also participate for natural gas energy efficiency measures. Examples of small business, but not limited to include restaurants, car washes, churches/meeting centers, retail stores, offices, and others. 

Program Description

In order to participate the applicant can contact one of the program authorized contractors listed in their utilities website, or call 877-WISE-USE. After the utility determines that you qualify for the program, the authorized contractor will perform energy assessment of the facility at no-cost to the participant. A utility contractor will submit a proposal of possible energy-efficiency measures, estimated energy savings, customer incentives, and financing options. Once approved by Eversource or UI the contractor will complete installation. In addition to the rebate, the remaining cost of the project can be paid off in the form of a zero interest loan directly from the utility. The loan is provided interest free and can be repaid through monthly electric bill.