Connecticut Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 03/05/2013
Program Overview:
| State: |
Connecticut |
| Incentive Type: |
State Grant Program |
| Eligible Renewable/Other Technologies: |
Solar Water Heat |
| Applicable Sectors: |
Commercial, Industrial, Nonprofit, Schools, Local Government, Construction, Tribal Government, Multi-Family Residential, Low-Income Residential, Institutional |
| Maximum Incentive: | $150,000 |
| Equipment Requirements: | Must be SRCC rated, or rated and certified by independent testing body. Must comply with the "California standard" (see California Solar Initiative Thermal Handbook for details) |
| Installation Requirements: | Must be installed by eligible installer and must install performance metering equipment. |
| Funding Source: | Public Benefits Fund |
| Program Budget: | $906,063 |
| Start Date: | 03/15/2013 |
| Web Site: |
http://ctcleanenergy.com/YourBusinessorInstitution/SolarHotWaterI...
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Summary:
The Clean Energy Finance and Investment Authority is offering grants and loans to non-residential entities for solar hot water installations. Only customers of United Illuminating or Connecticut Light & Power are eligible. An energy audit or proof of past (recent) energy efficiency improvements is required. There is no set amount for the grant or loan; rather CEFIA will fund the projects based on project economics, preferring those that require the least amount of funding. CEFIA will also take into consideration factors such as the amount of in-state job creation the project supports (either directly or indirectly, for example through use of major components made in Connecticut), and whether or not funding funding for the project not supported by the incentive program has been secured. CEFIA will also evaluate the public education opportunity, the type and extent of prior energy efficiency improvements, and whether or not the equipment is sized properly for the use.
History
The Clean Energy Finance and Investment Authority (CEFIA) started this program in 2009 using $4 million dollars from the American Recovery and Reinvestment Act State Energy Program funding to support solar hot water heating in the State. In March 2012, the CEFIA board approved interim funding to continue the residential and commercial programs while a new financing program is developed. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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