Business Energy Conservation Revolving Loan Fund

Last updated: August 28, 2018

Program Overview

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

Authorities

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

Summary

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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