Last DSIRE Review: 07/01/2009
Program Overview:
| State: |
New Hampshire |
| Incentive Type: |
State Loan Program |
| Eligible Efficiency Technologies: |
Lighting, Chillers , Heat pumps, Air conditioners, Compressed air, Motors, Motor-ASDs/VSDs, Custom/Others pending approval |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Other Distributed Generation Technologies |
| Applicable Sectors: |
Commercial |
| Amount: | $10,000 minimum | | Terms: | Maximum term of seven years. Interest rate is prime rate minus 1% (floating) |
| Web Site: |
http://www.nheconomy.com/business-services/energy-efficiency-prog...
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Summary:
The New Hampshire Business Resource Center and Ocean National 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.
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.
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Contact:
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Public Information Officer
New Hampshire Business Resource Center
P.O. Box 1856
172 Pembroke Road
Concord, NH 03302-1856
Phone: (603) 271-2591
Fax: (603) 271-6784
E-Mail: info@nheconomy.com
Web Site: http://www.nheconomy.com/
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