Last Updated July 31, 2020
Program Overview
Category:
Financial Incentive
State:
Connecticut
Incentive Type:
Loan Program
Administrator:
N/A
Start Date:
N/A
Expiration Date:
N/A
Applicable Sectors:
Eligible Renewable/Other Technologies:
Summary
Capital for Change in partnership with the electric and gas utilities offers variety of low interest loans to finance energy efficiency upgrades. The program offers On-Bill Repayment financing, where the loan amount can be paid through a surcharge on the monthly electricity bill. The loans are not transferable, and there currently is no collateral requirement.
Eligibility
Customers of Eversource (formerly CL&P) and United Illuminating are eligible for the program. Applicants must own a single or two-family home (including condos and vacation homes).
HES Payment Plan
Provides 0% APR financing for amounts $1,000 to $3,000 for a period of 36 months. To be eligible the applicant has to participate in the Home Energy Solutions program.