Consumers that are interested in financing their energy improvement projects can access a number of resources, as listed below:

• Connecticut Housing Finance Authority (CHFA) 

CHFA is a leader in housing finance in Connecticut. Over the past 37 years, CHFA has helped more than 105,000 families and individuals purchase their first home, and have provided financing for the construction and/or rehabilitation of more than 28,000 units of affordable rental housing for families and the elderly. Annually updated Standards of design and construction provide the energy efficiency and conservation standards that must be met to qualify fo the financing of all CHFA housing projects.

• Conservation Loan Program - Connecticut Housing Investment Fund (CHIF)

The Energy Conservation Loan Program is sponsored by the CT Department of Economic and Community Development (DECD) and is administered by the Connecticut Housing Investment Fund (CHIF). The loan program provides financial assistance in the form of below market interest rates to eligible building owners for residential energy efficiency improvements. The sliding-scale interest rates (which depend on income qualifications) are subsidized through the Connecticut Energy Efficiency Fund (CEEF). Loans are available for single family home owners as well as the owners of multifamily buildings. Pre-determined conservation measures will be considered for financing when installed by licensed contractors within program guidelines.

• HUD Capital Improvement Grants

Qualified housing developments financed through the US Department of Housing and Urban Development may be eligible to receive HUD capital improvement grants. Grants can be applied to energy efficiency capital improvements such as heating systems and insulated windows. HUD field monitors should be contacted as to specific eligibility and application procedures.

• Act for Energy Independence - DistributedGeneration

• Small Business Energy Efficiency Loans

The Small Business Energy Advantage program (SBEA) is funded through the Connecticut Energy Efficiency Fund and administered by CL&P and UI.  The SBEA program offers a zero percent loan option for qualifying customers.  The loans are used to offset the cost of installing energy efficiency measures under the SBEA program guidelines.  All projects must be pre-approved and verified by CEEF utility administrators. CEEF offers third-party energy assessments at no cost to determine potential savings derived from installing energy-savings measures.

• PerformanceContracting

A performance contract is an agreement with an energy service company (ESCO) to provide assessment, financing and completion of long term energy intensive capital improvement projects. This mechanism is generally used for capital projects which exceed $1 million but some smaller projects may be considered. This financing mechanism is particularly applicable to public projects, hospitals, educational institutions and non-profits organizations.
       -  For assist in contacting an ESCO: The National Association of Energy Service Companies