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Funding Resources
Funding Resources
| CT Low Interest Loans for Customer-side DG | |
|---|---|
| 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 | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste Heat Recovery |
| Eligible Project Size | 0.05-65 |
| Critical Information | Total Funding Available: up to $150 million Provided by: Banc of America Leasing and Capital, LLC Eligible Projects: DG projects such as CHP systems, emergency generation, fuel cells, photovolatic systems, small wind turbines, peak reduction systems and demand response systems. |
| Start Date | 3/27/2006 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | A low interest loan program will be available for customer-side distributed generation (DG) projects. Eligible projects must be at least 50 kW and no more than 65 MW. Generators must begin operation after January 1, 2006. Incremental capacity increases are also eligible. Loans are available for projects funded by the Clean Energy Fund or CL&P's and UI's Conservation Programs. The program has no specified end date at this time. * 3/27/06 is an estimated start date. |
| Web Site | http://www.state.ct.us/DPUC/dg.htm |
| Additional Web Site | http://www.dsireusa.org/library/includes/ incentive2.cfm?Incentive_Code=CT40F&state=CT&CurrentPageID=1&RE=1&EE=1 |
| Primary Contact | Maureen Hoffman 10 Franklin Square New Britain, CT 6051 U.S.A. Maureen Hoffman (maureen.hoffman@po.state.ct.us) (860) 827-2811 |
| Additional Contact Name | Lisa Douma Operations Analyst 25 N. Maple Avenue, 2nd Floor Ridgewood, NJ 7450 U.S.A. Lisa Douma (Lisa.J.Douma@bankofamerica.com) (201) 493-2477 (704) 264-2573 |