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Funding Resources
Funding Resources
| CT Energy Conservation Loan | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | CT |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, Other |
| Eligible Project Size | All (MW) |
| Number of Awards |
|
| Size of Award | The Energy Conservation Loan Program (ECL) and the Multifamily Energy Conservation Loan Program (MEL) provide financing at below market rates to single family and multi-family residential property owners for the purchase and installation of cost-saving energy conservation improvements. The program is administered by the Connecticut Housing Investment Fund, Inc. (CHIF) with funding from the Connecticut Department of Economic and Community Development (DECD). Single family (1-4 units) homeowners may borrow up to $25,000 and multi-family property owners may borrow up to $2,000 per unit (a maximum of $60,000 per building) for a period of 10 years for eligible improvements. Eligible technologies include passive solar space heat, solar water heat, solar space heat, photovoltaics, wind, biomass, and geothermal heat pumps. |
| Start Date | 1/1/2000 |
| End Date |
|
| Minimum Efficiency(%) |
|
| Additional Information | * The start date of 1/1/2000 is an estimate |
| Web Site | http://www.chif.org/owner_borrowers/index.shtml#energy  |
| Primary Contact | Matthew Kosky 121 Tremont Street Hartford, CT 6106 U.S.A. Matthew Kosky (loans@chif.org) (860) 233-5165 x 2019 (860) 233-2930 |