| Program | Clean Energy Fund |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | New Hampshire |
| Administrator | New Hampshire Community Development Finance Authority |
| Website | https://resources.nhcdfa.org/programs/clean-energy-fund/application/program-ove… |
| Budget | $10 million |
| Technologies | Solar Photovoltaics |
The New Hampshire Community Development Finance Authority's (CDFA) Clean Energy Fund invests in energy efficiency and renewable energy projects for cost reduction purposes -- specifically for businesses, non-profits, and municipalities. The fund is capitalized at over $10 million and merges four individual revolving loan funds dedicated to energy efficiency improvements and various clean/renewable energy initiatives, all into a single program (some specific limitations may apply).
Funding comes from both federal and state sources, including CDFA's own funds. Projects eligible for funding are those resulting in a minimum energy savings of 15%, among other criteria. Project examples include LED lighting retrofits, weatherization, community solar and rooftop solar, and heat pumps, among others.
Loan amounts range from $30,000 to $500,000, and loans down to $15,000 will be considered for certain municipal projects. The loan term is up to 10 years, with a potentially longer period for renewable energy projects. Applicants may qualify for at least one discount with a minimum lending rate of 2.0%.
Pre-application consultation with CDFA staff is required before submitting a formal application. Contact CDFA at 603-226-2170 or email the Director of Clean Energy Financing, Scott Maslanksy.
For more information view the application and program guide.
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