Low-Cost Energy Audits Now Available for Agricultural Producers and Rural Small Businesses throughout New Hampshire2017-07-18
CDFA is now accepting applications from agricultural producers and rural small businesses throughout New Hampshire interested in low-cost energy audits for their facility.
Eligible participants will receive a comprehensive energy audit of an existing building, which will identify energy efficiency and renewable energy projects that can reduce operating costs and increase productivity, occupant comfort and safety. The audit will estimate implementation costs, potential energy and financial savings, as well as a return-on-investment.
Using funds from the USDA Rural Energy for America Program (REAP) grant program, CDFA will cover 75 percent of the comprehensive energy audit costs with eligible participants required to pay for 25 percent. CDFA will work with qualifying business owners to identify an eligible energy auditor, as well as incentives and financing opportunities available for implementing the recommended energy upgrades.
To be eligible, New Hampshire agricultural producers and rural small businesses must meet the following criteria:
- Be a for-profit businesses with a place of business in New Hampshire.
- Rural small businesses must be located in eligible rural areas. Identify if your area is eligible. Please note this restriction does not apply to agricultural producers.
- “Small businesses” are defined according to Small Business Administration (SBA) guidelines. Check the Small business size standards table for more detail or contact CDFA.
Audit costs and estimated savings vary significantly depending on the size and age of the building and equipment, type of business, and other factors, a typical audit for this program will cost the customer $1,000 - $2,000. Small businesses following comprehensive audit recommendations typically save between 15% and 50% of their annual energy costs. Before committing to an audit, CDFA and your auditor can discuss your facility with you to decide whether there is enough potential for energy improvements to warrant your audit investment.
This is not a competitive program. Applications are used to confirm eligibility and are accepted on a rolling basis. Applications will take approximately 30-45 minutes to complete and require your facility’s electric and fuel use for the past 12-24 months.
Joe Harrison, Director of Clean Energy Finance
Community Development Finance Authority
About the Clean Energy Fund
CDFA’s Clean Energy Fund provides technical and financial resources for economically-justified projects that increase efficiency and reduce costs in the generation and utilization of energy. Clean Energy Fund resources are designed to help municipalities, non-profits and businesses in New Hampshire better control their long-term energy costs by improving the energy efficiency of their buildings and adding renewable energy technologies when economically appropriate. For more information visit http://www.nhcdfa.org/energy