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Funding Resources
Funding Resources
| NH Renewable Energy and Energy Efficiency Loans | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | NH |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards |
|
| Size of Award | The New Hampshire Business Resource Center and Ocean National Bank have joined together to create the Renewable Energy and Energy Efficiency Business Loan Program. The program offers small businesses reduced interest loans for structural and equipment upgrades to reduce energy consumption. Loan amounts of at least $10,000 are targeted by the program. The interest rate is Prime minus 1 percent floating with term and amortization based on energy efficiency payback, with a maximum loan term of 7 years. Additional program details apply. |
| Start Date | 1/1/2006 |
| End Date |
|
| Minimum Efficiency(%) |
|
| Additional Information | * The start date is an estimated date. The loan program has no listed expiration date. |
| Web Site |
http://www.nheconomy.com/ pdf/BusinessLoanBrochure.pdf  |
| Additional Web Site |
http://www.nheconomy.com/business-services/energy-efficiency-programs.aspx |
| Primary Contact |
NH Business Resource Center 172 Pembroke Road P.O. Box 1856 Concord, NH 03302-1856 U.S.A. NH Business Resource Center (info@nheconomy.com) (603) 271-2591 (603) 271-6784 |