May 22, 2013

CT giving $10K marketing for business efficiency

Pablo Robles
Pablo Robles
Gov. Dannel Malloy (center), Department of Energy & Environmental Commissioner Dan Esty (left), and Clean Energy Finance & Investment Authority President Bryan Garcia tour the state's first C-PACE project in Norwalk.

The Connecticut Clean Energy Finance & Investment Authority has one-time grants up to $10,000 for business agencies in municipalities participating in the Commercial Property Assessed Clean Energy program.

With C-PACE, businesses receive low-cost financing to install renewable energy or make energy efficiency improvements. The loan payments are made on a business's municipal property tax bill, and the payments always are less than the energy savings on the project.

For businesses to participate, their host municipality must opt into the program. So far, 42 cities and towns have signed on, including Hartford, Windsor, Bridgeport, and Greenwich.

The $10,000 grants are available to any municipality, chamber of commerce, or business association that develops a strong marketing plan for the C-PACE program.

The grant application deadline is June 7. For information, visit www.ctcleanenergy.com.

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