Combined Heat and Power Partnership
Municipal Energy Reduction Fund
| Date Last Updated | 12/24/2012 |
| Incentive Type | Loan |
| State/Federal | NH |
| Incentive Administrator/Contact Office | NH Community Development Finance Authority (CDFA) |
| Incentive Initiation Date | 3/17/2010 |
| Incentive Size and Funding Source | The NH-CDFA launched a revolving loan program to encourage the state?s municipal governments to invest in energy efficiency and alternative energy. The program budget is $1.5 million and loans range from $5,000 - $400,000. The terms of the loan vary by project type and loan duration, but typically are structured so that payments are made with money yielded by energy savings. The loan term ranges from 3 to 7 years, with interest rates varying from 2.5% to 4%. This program is supported by New Hampshire's Greenhouse Gas Emissions Reduction Fund, which receives revenue from carbon dioxide auctions held under the Regional Greenhouse Gas Initiative (RGGI), of which New Hampshire is a member. |
| Eligible Recipient | The state of New Hampshire's municipal governments. |
| Eligible Fuel | Does Not Specify |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Other Selected Eligibility Criteria | School districts are not eligible for this program. |
| Application Form(s) | Application Portal |
| Resource Website(s) |
