New Hampshire Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 10/01/2012
Program Overview:
| State: |
New Hampshire |
| Incentive Type: |
State Loan Program |
| Eligible Efficiency Technologies: |
Custom/Others pending approval, Unspecified Technologies, LED Lighting |
| Applicable Sectors: |
Commercial, Industrial, Nonprofit, Agricultural |
| Amount: | $100,000 minimum |
| Terms: | Not to exceed five years |
| Funding Source: | Regional Greenhouse Gas Initiative (RGGI) |
| Program Budget: | $2 million |
| Web Site: |
http://www.nhbfa.com/Biz-Energy-Loan-Program.html
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Authority 1:
Date Enacted:
Date Effective:
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New Hampshire Statutes ยง 125-O:23
2008
6/11/2008
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Authority 2:
Date Effective:
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N.H. Admin. Rules. PUC 2604
1/1/2009
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Summary:
The New Hampshire Business Finance Authority (BFA) administers a revolving loan program for businesses and non-profit organizations to finance energy efficiency improvements. The terms are flexible, and the BFA will work with interested applicants to customize a loan package that results in increased energy efficiency and financial savings. The initial minimum loan amount is $100,000, and an initial energy audit is required. Interested companies and non-profits should contact BFA directly for more information.
The New Hampshire Public Utilities Commission (PUC) has provided $2 million to capitalize this fund. Continued operation of the program depends on the recycling of principal repayments and additional appropriations or other sources of revenue.
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Contact:
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NH BFA Revolving Loan Information
New Hampshire Business Finance Authority
2 Pillsbury Street
Suite 201
Concord, NH 03301
Phone: (603) 415-0190
E-Mail: brendap@nhbfa.com
Web Site: http://www.nhbfa.com
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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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