Renewable Energy and Energy Efficiency Business Loan

April 25, 2012


The New Hampshire Business Resource Center (BRC) and People's United Bank have partnered to offer the Renewable Energy and Energy Efficiency Business Loan Program, which provides low-interest loans to small businesses to purchase structural and equipment improvements that reduce energy consumption. A variety of energy efficiency measures and renewable energy systems are eligible for financing. This program targets loan amounts of $10,000 or more, with a maximum term of seven years. The interest rate is the prime rate minus 1%. Participants use energy cost savings to repay the loan. While there are no upfront costs, a credit check is required.

Eligible projects include energy-efficient lighting, variable frequency drives, premium efficient motors, energy-efficient HVAC systems and chillers, air compressors, energy-efficient dry-type transformers, custom energy-efficiency measures, and renewable-energy systems.

There is a pre-qualification application available on the NHBRC web site.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: New Hampshire
Incentive Type: Loan Program
Web Site:
Administrator: New Hampshire Business Resource Center
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Thermal Process Heat
  • Solar Photovoltaics
  • Wind (All)
  • Biomass
  • Lighting
  • Chillers
  • Heat pumps
  • Air conditioners
  • Compressed air
  • Motors
  • Motor VFDs
  • Custom/Others pending approval
  • Other EE
  • Wind (Small)
  • Other Distributed Generation Technologies
Loan Term: Maximum term of seven years. Interest rate is prime rate minus 1% (floating)


Name: Public Information Officer
Address: P.O. Box 1856
Concord NH 03302-1856
Phone: (603) 271-2591

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.