CDFA can help your organization “get green to go green.” If you’re looking for financing for an energy audit of your facility, an energy retrofit or upgrade, or installation of renewable energy technologies, then you might qualify for the Enterprise Energy Fund (EEF). CDFA’s Enterprise Energy Fund was capitalized by American Recovery and Reinvestment Act funding through the New Hampshire Office of Energy and Planning.

EEF is a low-interest, revolving loan fund available to businesses and nonprofit organizations to help finance energy improvements and innovations in their buildings. The goals are reduction of energy costs and consumption, as well as cash positive savings for the organization – savings that can be put toward new jobs or increased services.

Eligible activities paid for by EEF include:

Project Eligibility

Upgrades eligible for financing must meet three requirements:

1.They must lower the energy consumption of the building or enable the building to produce clean energy and the project must result in a 15% lifetime energy savings

2.They must be “permanently affixed” to the property

3.All energy measures together must meet a “Savings to Investment Ratio” of greater than 1, meaning that projected savings from the energy measures over the term of the loan must exceed the total EE/RE investment

Eligible Technologies

  • Audited energy efficiency measures
    • I.E. weatherization, insulation, lighting, water saving measures
  • Renewable electric and/or thermal generating systems
    • I.E. Geothermal, solar thermal, biomass, solar electric

Financial requirements

  • Efficiency projects require an ASHRAE Level 2 energy audit
    • We may in some circumstances accept a recent energy audit (within the past 5 years)
  • Renewable generation projects require a recent feasibility study, price proposal and proposed savings analysis
  • All projects require financial statements or tax returns showing the ability of the borrower to repay the debt
  • Audited energy efficiency measures
  • Renewable electric and/or thermal generating systems

CDFA staff with assess your current energy improvement needs, CDFA staff may recommend financing from the Enterprise Energy Fund as the best fit for your operation.

Have more questions? Go to our Frequently Asked Questions page for the lowdown on all of the Clean Energy Fund programs. Or better yet, you can give Scott Maslansky a call at 603.717.9123.

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