Information provided the Database of State Incentives for Renewables and Efficiency (DSIRE)
Renewable Energy and Energy Efficiency Business Loan |
Summary: The New Hampshire Business Resource Center and Ocean National Bank have partnered to offer the Renewable Energy and Energy Efficiency Business Loan Program, which provides low-interest loans to small businesses to purchase structural and equipment improvements that reduce energy consumption. A variety of energy efficiency measures and renewable energy systems are eligible for financing. This program targets loan amounts of $10,000 or more, with a maximum term of seven years. The interest rate is the prime rate minus 1%. Participants use energy cost savings to repay the loan.
Eligible projects include energy-efficient lighting, variable frequency drives, premium efficient motors, energy-efficient HVAC systems and chillers, air compressors, energy-efficient dry-type transformers, custom energy-efficiency measures, and renewable-energy systems.
Greenhouse Gas Emissions Reduction Fund |
Summary: New Hampshire is using auction proceeds from the Regional Greenhouse Gas Initiative (RGGI) to establish the Greenhouse Gas Emissions Reduction Fund (GHGERF). The fund will support energy efficiency and renewable energy projects and initiatives in New Hampshire. The fund has already implemented a new revolving loan fund offered to businesses and administered by the NH Business Finance Authority.
Links:
- For more information on this financial incentive for energy efficiency in New Hampshire visit DSIRE
- For more information on NH's investments and programs implemented from RGGI proceeds, click here
Last Updated
08/31/2009
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