Implementing Sector: | State |
Category: | Financial Incentive |
State: | New Hampshire |
Incentive Type: | Loan Program |
Web Site: | http://www.nhbfa.com/businessenergyloan/ |
Administrator: | New Hampshire Business Finance Authority |
Funding Source: | Regional Greenhouse Gas Initiative (RGGI) |
Eligible Efficiency Technologies: | Custom/Others pending approval |
Name: | N.H. Admin. Rules. PUC 2604 |
Effective Date: | 1/1/2009 |
Name: | New Hampshire Statutes § 125-O:23 |
Date Enacted: | 2008 |
Effective Date: | 6/11/2008 |
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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