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Low-Interest Loans for Commercial & Industrial Customers

Low-Interest Electric & Natural Gas Energy Efficiency Loans With Up to 5 Years to Pay
 

Make energy savings pay off with low-interest financing for qualified energy-efficient improvements. Coupled with incentives, it can make your project a reality so you can start saving sooner.

Loans Make it Easier to make the Smart Choice to Save Energy

If your commercial or industrial business isn’t eligible for our interest-free Small Business and Municipal Loan program, invest in energy-saving equipment with help from a low-interest loan.

Loans ranging from $2,000 to $1 million are available through the Connecticut Energy Efficiency Fund to help upgrade or replace existing electrical or gas equipment with qualifying high-efficiency electrical or gas equipment. Subsidized low-interest financing is offered on the first $100,000 of the loan. The balance can be financed at market rates. With repayment terms to 60 months, these loans make it easier to make the smart choice to save energy.

Call 877-WISE-USE (877-947-3873) for more information. 

How It Works

Steps to Take Smart Energy Action

Step 1 -

Contact your utility account executive or call 877-WISE-USE to find out about available funds.

Click the link to your utility below:

Eversource       UI

This is a low-interest loan offered to commercial and industrial customers that implement energy-saving measures through a qualifying Connecticut Energy Efficiency Fund program:

  • The loan must be used to upgrade or replace existing equipment with high-efficiency equipment
  • The loan limits range from a minimum of $2,000 to a maximum of $1 million, with subsidized low-interest financing offered on the first $100,000 of the loan. Call your utility program administrator for current interest rates. The balance can be financed at market rates provided by two approved lenders
  • Financing for the Small Industrial & Commercial Loan has a maximum loan term of 60 months

Step 2 -

Call your utility program administrator to be connected with approved lenders.

Step 3 -

Once your loan is approved, you can install the qualifying energy-saving measures.

Call 877-WISE-USE (877-947-3873) for more information. 

Who is Eligible

All commercial and industrial customers of Eversource or UI qualify except for new construction or major renovation projects and those projects which participate in our Small Business Energy Advantage program. For natural gas-saving measures, the company must be a firm customer of CNG, SCG or Eversource.

Commercial and industrial customers must be in business for a minimum of three years and have good credit standing. See loan application for details.

Starting the process is easy. Just contact your utility account executive. Click the link to your utility below:

Eversource       UI

If you are a Connecticut business and are not served by one of the utilities listed above, please visit your utility’s website to see what energy efficiency programs are available to you. Please click here for information on how to contact your municipal utility.

Call 877-WISE-USE (877-947-3873) for more information. 

Our Partners

Visit to CT Power Update page