| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Connecticut |
| Incentive Type: | Loan Program |
| Web Site: | http://www.norwichpublicutilities.com/index.php/for-my-business/efficiency-business |
| Administrator: | Norwich Public Utilities |
| Eligible Efficiency Technologies: | Custom/Others pending approval |
In partnership with several local banks, Norwich Public Utilities (NPU) is offering a zero percent loan to commercial and industrial customers for eligible energy efficiency improvement projects. Eligibility is determined by a technical evaluation of the customer's facility, and the evaluation must show that the proposed energy efficiency improvements would result in a positive cost benefit and project payback of five years or less. After the loan is approved, the customer will choose a contractor to perform work outlined in the NPU report. The customer must submit project plans and specifications to NPU for review. Any changes to a project proposal must be approved by NPU prior to construction. NPU will make interest payment(s) directly to the lender. See the website above for more program details.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
